Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of OPKO Health Inc (NASDAQ: OPK) 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 OPKO Health Inc (NASDAQ: OPK) concerning whether a series of statements by OPKO Health Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 7, 2018, the SEC filed a lawsuit against the Company and its CEO and Chairman, Phillip Frost, claiming violations of the federal securities laws. According to the complaint, allegedly the Defendants were participating in “highly profitable ‘pump-and-dump’ schemes . . . from 2013 through 2018” in the stock of three public companies that, “while enriching Defendants by millions of dollars, left retail investors holding virtually worthless shares.”
Following this news, NASDAQ: OPK fell over 18% before trading was halted on September 7, 2018 at $4.58 per share.
Based in Miami, Florida, and founded in 1991 OPKO Health Inc engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally.
If you purchased shares of OPKO Health Inc (NASDAQ: OPK) on or before September 7, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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