TMCnet News
STOCK LOSS ALERT: Rosen Law Firm Reminds Concordia International Corp. Investors of Important Deadline in Class Action - CXRXRosen 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 [email protected] or [email protected] 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 invetors 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 [email protected] or [email protected]. Attorney Advertising. Prior results do not guarantee a similar outcome. Follow us for updates on LinkedIn (News - Alert): https://www.linkedin.com/company/the-rosen-law-firm or on Twitter (News - Alert): https://twitter.com/rosen_firm. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160926006439/en/ |
