NEW YORK, Aug. 30, 2016 /PRNewswire/ -- Purcell Julie &
Lefkowitz LLP, a class action law firm dedicated to representing
shareholders nationwide, is investigating a potential breach of
fiduciary duty claim involving the board of directors of Insys
Therapeutics, Inc. (NASDAQ: INSY).
After the close of the market on April
24, 2015 the Southern Investigating Report Foundation
("SIRF") published an article reporting on patients who either died
or suffered adverse events while being treated with Subsys, and
detailed how Insys aggressively marketed Subsys. On this news, the
price of Insys's shares declined $6.00 per share, or nearly 10%, to close at
$56.42 per share on April 27, 2015.
Further, on January 25, 2016, SIRF
published an article alleging that Insys's executives have
continued to pressure Company employees to develop new schemes to
promote the illegal and improper off-label marketing and sale of
Subsys. On this news, the price of the Company's shares declined an
additional $1.07 per share, or nearly
5%, to close at $21.58 per share on
January 25, 2016.
If you are a shareholder of Insys Therapeutics and are
interested in obtaining additional information regarding this
investigation, free of charge, please visit us at:
http://pjlfirm.com/insys-therapeutics-inc/
You may also contact Robert H.
Lefkowitz, Esq. either via email at rl@pjlfirm.com or by
telephone at 212-725-1000. One of our attorneys will
personally speak with you about the case at no cost or
obligation.
Purcell Julie & Lefkowitz LLP is a law firm exclusively
committed to representing shareholders nationwide who are victims
of securities fraud, breaches of fiduciary duty and other types of
corporate misconduct. For more information about the firm and its
attorneys, please visit http://pjlfirm.com. Attorney
advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Purcell Julie & Lefkowitz LLP