Thieler Law Corp advises investors with losses exceeding $100,000 of the June 20, 2016 lead plaintiff deadline in a class action lawsuit filed against Alere Inc (NYSE: ALR) (“Alere” or “the Company”). The suit is pending in the U.S. District Court for the District of Massachusetts and investors, who purchased Alere Inc securities between May 9, 2013 and April 20, 2016, have until June 20, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Alere Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Alere improperly recognized and reported revenue in violation of Generally Accepted Accounting Principles (“GAAP”); that, as a result, the Company’s quarterly and annual SEC filings would be delayed; that, as a result of the foregoing, Alere's planned merger with Abbott Laboratories would be thrown into doubt; that the Company lacked adequate internal controls over accounting and financial reporting; and that, as a result of the foregoing, Alere’s financial statements, as well as Defendants’ statements about Alere’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On March 15, 2016, Alere Inc revealed receipt of a grand jury subpoena from the U.S. Department of Justice, relating to the U.S. Foreign Corrupt Practices Act, requesting documents relating to its sales practices in Africa, Asia and Latin America. Alere Inc also stated that it would not be able to file its annual report for 2015 on time.

Following this news, NYSE: ALR shares declined as much as 8.25% during intraday trading on March 15, 2016.

If you were negatively impacted by your investment in Alere Inc securities between May 9, 2013 and April 20, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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