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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of AmerisourceBergen Corporation (NYSE: ABC) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of AmerisourceBergen Corporation (NYSE: ABC) concerning whether a series of statements by AmerisourceBergen Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
In September 2017, AmerisourceBergen Specialty Group unit pleaded guilty to a misdemeanor related to the sale of syringes containing drugs for cancer patients, double billing, and providing kickbacks to doctors, and paid $260 million in criminal fines and forfeitures. In addition, the Company entered a five-year corporate integrity agreement to ensure compliance with federal health care rules.
On October 1, 2018, the United States Department of Justice revealed that the Company will pay $625 million to resolve civil fraud charges over related conduct, bringing AmerisourceBergen's total payments to $885 million over its repackaging and distribution of pre-filled syringes that were not approved by the U.S. Food and Drug Administration.
Based in Chesterbrook, Pennsylvania, and founded in 1985 AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.
If you purchased shares of AmerisourceBergen Corporation (NYSE: ABC) on or before September 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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