A class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of purchasers of Medivation, Inc. (NASDAQ: MDVN) common stock during the period between July 17, 2008 and March 2, 2010, inclusive (the “Class Period”). The complaint charges Medivation and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Medivation is a biopharmaceutical company which focuses on the development of small molecule drugs for the treatment of Alzheimer’s disease, Huntington’s disease, and castration-resistant prostate cancer.

The complaint alleges that during the Class Period, defendants made false and misleading statements regarding the Company’s drug Dimebon. Specifically, throughout the Class Period, defendants violated the federal securities laws by disseminating false and misleading statements to the investing public about the effectiveness of Dimebon as a treatment for Alzheimer’s disease, making it impossible for shareholders to gain a meaningful or realistic understanding of the drug’s progress toward FDA approval and market success. Then, on March 3, 2010, before the market opened, defendants were forced to publicly disclose that Dimebon did not meet primary and secondary goals in a Phase 3 trial for patients with mild to moderate Alzheimer’s disease. As a result of this news, Medivation’s stock plummeted $27.15 per share to close at $13.10 per share on March 3, 2010 – a one-day decline of 67% on volume of 45 million shares.

If you are a current shareholder and purchased during period between July 17, 2008 and March 2, 2010 and would like to discuss your options of exercising your rights as a shareholder, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.