Horizon Pharma plc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Horizon Pharma plc |
Stock Symbol : | NASDAQ: HZNP |
Class Period Start: | 03/13/2014 |
Class Period End: | 02/26/2016 |
Lead Plaintiff motion: | 05/09/2016 |
Date Filed: | 03/08/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the May 9, 2016 lead plaintiff deadline in a class action lawsuit filed against Horizon Pharma plc (NASDAQ: HZNP) (“Horizon” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Horizon Pharma plc securities between March 13, 2014 and February 26, 2016, have until May 9, 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 Horizon Pharma plc 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: Horizon’s Prescriptions Made Easy (“PME”) program was designed to artificially inflate the prices of minor differentiation standard retail drugs; sales revenues from drugs sold through Horizon’s PME program were unsustainable at these inflated price levels; and Horizon’s use of its PME program left the Company subject to increased regulatory risks. On February 29, 2016, Horizon revealed in its 2015 annual report that it had received a subpoena in November 2015 from the U.S. Attorney related to the PME program. Following this news, NASDAQ: HZNP shares declined considerably. If you were negatively impacted by your investment in Horizon Pharma plc securities between March 13, 2014 and February 26, 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 |