Shareholders Foundation, Inc.

Deadline Upcoming in $5.1 Million Settlement in the Epocrates Inc (NASDAQ: EPOC) Investor Lawsuit

A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Epocrates Inc (NASDAQ: EPOC) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on May 13, 2016 and NASDAQ: EPOC investors should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 04/21/2016 -- A deadline is coming up on May 13, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Epocrates Inc (NASDAQ: EPOC) between February 1, 2011 and August 9, 2011.

Investors who purchased a significant amount of shares of Epocrates Inc (NASDAQ: EPOC) between February 1, 2011 and August 9, 2011, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Epocrates Inc (NASDAQ: EPOC) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/epocrates-inc-nasdaq-epoc-investor-securities-class-action-lawsuit-03012013

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is May 13, 2016. The class action administrator for this case is Kurtzman Carson Consultants LLC.

The lawsuit was originally filed in the U.S. District Court for the Northern District of California over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between February 2, 2011 and August 9, 2011.

The lawsuit was filed on behalf of those persons and entities who purchased or otherwise acquired Epocrates Inc (NASDAQ: EPOC) securities between February 2, 2011 and August 9, 2011, and those who purchased or otherwise acquired Epocrates Inc (NASDAQ: EPOC) securities pursuant and/or traceable to Epocrates Inc's Registration Statement and Prospectus issued in connection with Epocrates Inc's February 2, 2011 initial public offering. The plaintiff alleges that between February 2, 2011 and August 9, 2011 or in Epocrates Inc's February 2, 2011 initial public offering the defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about Epocrates Inc's business, operations and prospects.

Those who purchased shares of Epocrates Inc (NASDAQ: EPOC) 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