San Diego, CA -- (SBWire) -- 10/05/2020 --Legend Biotech Corporation is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Legend Biotech Corporation (NASDAQ: LEGN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Legend Biotech Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 21, 2020, Legend Biotech Corporation disclosed that the Customs Anti-Smuggling Department of China inspected Legend Biotech's location in Nanjing. According to Legend Biotech Corporation, the inspection was in connection with what Legend understands to be an investigation relating to suspected violations of import and export regulations under the laws of China. Shares of Legend Biotech Corporation (NASDAQ: LEGN) declined from $33.74 per share on September 18, 2020 to $24.64 per share on September 21, 2020.
Those who purchased shares of Legend Biotech Corporation (NASDAQ: LEGN) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
NASDAQ:LEGN Shareholder Notice: Investigation over Possible Securities Laws Violations by Legend Biotech Corporation
An investigation for investors in Legend Biotech Corporation (NASDAQ:LEGN) shares over potential securities laws violations by Legend Biotech Corporation was announced.