July 18 Deadline Alert: Law Offices of Howard G. Smith Reminds Investors of the Upcoming Deadline in the Class Action Lawsuit...
July 15 2016 - 7:48PM
Business Wire
Law Offices of Howard G. Smith reminds investors of the
upcoming July 18, 2016 deadline to file a lead
plaintiff motion in the class action filed on behalf of a class
(the “Class”) of investors who purchased Perrigo Company plc
(“Perrigo” or the “Company”) (NYSE: PRGO) securities between
April 21, 2015 and May 11, 2016, inclusive (the “Class
Period”). Perrigo investors have until July 18,
2016 to file a lead plaintiff motion.
The Complaint alleges that throughout the Class Period,
Defendants made materially false and misleading statements
regarding the Company’s business, operational and compliance
policies. Specifically, Defendants made false and/or misleading
statements and/or failed to disclose that: (i) Perrigo as a
standalone entity would be unable to achieve organic revenue growth
of 5% to 10%; (ii) Perrigo’s competitive position and growth
strategy were not “durable” but were in fact eroding; (iii) Perrigo
was facing serious issues integrating the acquisition of Omega
Pharma N.A. (“Omega”) into the Company and had significantly
overpaid for Omega; (iv) for the foregoing reasons, among others,
Mylan’s offer did not undervalue Perrigo; and (v) as a result of
the foregoing, Perrigo’s public statements were materially false
and misleading at all relevant times.
If you purchased Perrigo shares, you may move the Court no later
than July 18, 2016 to request appointment as lead
plaintiff. To be a member of the class you need not take any action
at this time; you may retain counsel of your choice or take no
action and remain an absent member of the Class. If you wish
to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215)
638-4847, toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website
at http://www.howardsmithlaw.com.
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: http://www.businesswire.com/news/home/20160715005878/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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