SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of MannKind Corp. of Class Action Lawsuit and a Lead Plaintiff ...
March 11 2016 - 11:54AM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of MannKind
Corporation (“MannKind” or the “Company”) (Nasdaq:MNKD)
between August 10, 2015 and January 5,
2016.
You are hereby notified that a
securities class action lawsuit has been commenced in the USDC for
the Central District of California. If you purchased or otherwise
acquired MannKind securities between August 10, 2015 and January 5,
2016, your rights may be affected by this action. To get more
information go to:
http://zlk.9nl.com/mannkind
or contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972. There is no cost or obligation to
you.
The complaint alleges that throughout the Class
Period Defendants issued false and misleading statements and/or
failed to disclose that: (1) contrary to Defendants’ assurances,
the mandated pulmonary testing or spirometry was still a
significant issue impeding sales of Afrezza, the Company’s
rapid-acting insulin; and (2) as a result, Defendants’ statements
about MannKind’s business, operations, and prospects, were false
and misleading and/or lacked a reasonable basis at all relevant
times.
If you suffered a loss in MannKind you
have until March 15, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with
offices in New York, New Jersey, California, Connecticut and
Washington D.C. The firm’s attorneys have extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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