Diplomat Pharmacy Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Diplomat Pharmacy Inc |
Stock Symbol : | NYSE: DPLO |
Class Period Start: | 10/09/2014 |
Class Period End: | 11/02/2016 |
Lead Plaintiff motion: | 01/09/2017 |
Date Filed: | 11/10/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Eastern District of Michigan |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the January 9, 2017 lead plaintiff deadline in a class action lawsuit filed against Diplomat Pharmacy Inc (NYSE: DPLO) (“Diplomat” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of Michigan and investors, who purchased Diplomat Pharmacy Inc securities between October 9, 2014 and November 2, 2016, have until January 9, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Diplomat Pharmacy 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 Diplomat lacked adequate internal controls over its financial reporting; as a result Diplomat could not adequately calculate DIR fees; Diplomat's hepatitis C segment was not performing as previously disclosed to investors; and as a result, the Company had overstated its full-year 2016 guidance. On November 2, 2016, Diplomat revealed that its third quarter 2016 results were lower than expected and lowered its full year 2016 guidance. The Company’s CEO attributed the weak operating results to softness in the hepatitis C business and DIR fees. Following this news, NYSE: DPLO fell from $22.38 per share on November 2, 2016 to a closing price of $12.95 on November 3, 2016. If you were negatively impacted by your investment in Diplomat Pharmacy Inc securities between October 9, 2014 and November 2, 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. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |