(PTLA) Alert: Johnson Fistel Launches Investigation into Portola Pharmaceuticals; Investors Encouraged to Contact Firm

Date : 01/10/2020 @ 5:04PM
Source : PR Newswire (US)
Stock : Portola Pharmaceuticals Inc (PTLA)
Quote : 7.13  0.65 (10.03%) @ 12:47AM

(PTLA) Alert: Johnson Fistel Launches Investigation into Portola Pharmaceuticals; Investors Encouraged to Contact Firm

Portola Pharmaceuticals (NASDAQ:PTLA)
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3 Months : From Jan 2020 to Apr 2020

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SAN DIEGO, Jan. 10, 2020 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) ("Portola " or the "Company") for violations of federal securities laws.

On January 9, 2020, Portola announced that the drug, Andexxa, brought in about $28 million in revenue in the fourth quarter of 2019. Oppenheimer's analyst covering the stock wrote Andexxa's fourth-quarter revenues "were well below our $39 million estimate and $41 million consensus". Following this news, on January 10, 2020, Portola stock was down over 43% in early morning trading.

If you lost money, realized or unrealized on your Portola investment, and are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

Additionally, you can [click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP 
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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Cision View original content:http://www.prnewswire.com/news-releases/ptla-alert-johnson-fistel-launches-investigation-into-portola-pharmaceuticals-investors-encouraged-to-contact-firm-300985020.html

SOURCE Johnson Fistel, LLP

Copyright 2020 PR Newswire

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