The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Portola Pharmaceuticals, Inc., (PTLA)
January 10 2020 - 6:41PM
Business Wire
The Law Offices of Frank R. Cruz announces an investigation on
behalf of Portola Pharmaceuticals, Inc. (“Portola” or the
“Company”) (NASDAQ: PTLA) investors concerning the Company and its
officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On January 9, 2020, Portola announced that it only expected $28
million revenue for Andexxa in fourth quarter 2019, well below
expectations of revenue between $39 million and $41 million.
On this news, the Company’s share price fell as much as $10.55,
or nearly 43%, during intraday trading on January 10, 2020, thereby
injuring investors.
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If you purchased Portola securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Frank R. Cruz, of The Law
Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los
Angeles, California 90067 at 310-914-5007, by email to
info@frankcruzlaw.com, or visit our website at
www.frankcruzlaw.com. If you inquire by email please include your
mailing address, telephone number, and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200110005580/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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