STOCK LOSS ALERT: Rosen Law Firm Reminds Concordia International Corp. Investors of Important Deadline in Class Action – CXRX
September 26 2016 - 5:07PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Concordia International Corp securities (NASDAQ:
CXRX) from November 12, 2015 through August 12, 2016, both dates
inclusive (the “Class Period”) of the important October 14, 2016
lead plaintiff deadline in the class action. The lawsuit seeks to
recover damages for Concordia investors under the federal
securities laws.
To join the Concordia class action, go to the firm’s website at
http://www.rosenlegal.com/cases-939.html or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) Concordia was experiencing a substantial
increase in market competition against Concordia’s drug, Donnatal,
and other products; (2) as a result, Concordia’s financial results
would suffer, and Concordia would be forced to suspend its
dividend; and (3) as a result, defendants’ statements about
Concordia’s business, operations and prospects were materially
false and misleading and/or lacked a reasonable basis at all
relevant times. When the true details entered the market, the
lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
October 14, 2016. A lead plaintiff is a representative party acting
on behalf of other class members in directing the litigation. If
you wish to join the litigation, go to the firm’s website at
http://www.rosenlegal.com/cases-939.html for more information. You
may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com. Attorney Advertising. Prior results do not
guarantee a similar outcome.
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https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160926006439/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com