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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Takeda Pharmaceutical Company Limited (NYSE: TAK) 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 Takeda Pharmaceutical Company Limited (NYSE: TAK) concerning whether a series of statements by Takeda Pharmaceutical Company Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 14, 2019, the Company forecast an unexpected operating loss for the current year, citing costs associated with the Company’s $59 billion purchase of Shire Plc.
Following this news, Takeda’s American depositary receipt price fell $1.57 per share, or 8.06%, to close at $17.92 on May 14, 2019.
Based in Tokyo, Japan, and founded in 1781 Takeda Pharmaceutical Company Limited engages in the research, development, manufacturing, and marketing of pharmaceutical products, over-the-counter medicines and quasi-drug consumer products, and other healthcare products.
If you purchased shares of Takeda Pharmaceutical Company Limited (NYSE: TAK) on or before May 14, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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