ReleaseWire

Incyte Corporation (NASDAQ:INCY) Investor Alert: Investigation over Potential Misleading Statements

An investigation for investors in Incyte Corporation (NASDAQ:INCY) shares over potential securities laws violations by Incyte Corporation was announced and NASDAQ:INCY stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

Posted: Wednesday, August 08, 2012 at 6:40 AM CDT

San Diego, CA -- (SBWire) -- 08/08/2012 --An investigation on behalf of investors of Incyte Corporation (NASDAQ:INCY) shares over potential securities laws violations by Incyte Corporation and certain of its directors and officers in connection with certain statements was announced.

Investors who purchased shares of Incyte Corporation (NASDAQ:INCY), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Incyte Corporation (NASDAQ:INCY) concerning whether a series of statements by Incyte Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

NASDAQ:INCY shares grew from as low as $2.14 per share in March 2009 to as high as $25.60 on July 27, 2012.

Then, on August, 2, 2012, Incyte Corporation (NASDAQ:INCY) reported its 2012 second quarter financial results.

Shares of Incyte Corporation (NASDAQ:INCY) fell from $26.09 on August 1, 2012, to as low as $18.08 on August 6, 2012.

Those who purchased shares of Incyte Corporation (NASDAQ:INCY) and currently hold those NASDAQ:INCY shares, may have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com