An investigation for investors in Akorn, Inc. (NASDAQ: AKRX) shares over potential securities laws violations by Akorn, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 02/13/2019 -- An investigation was announced concerning potential securities laws violations by Akorn, Inc. and certain of its directors and officers in connection with certain financial statements.
Investors who purchased shares of Akorn, Inc. (NASDAQ: AKRX), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Akorn, Inc. (NASDAQ: AKRX) concerning whether a series of statements by Akorn, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Lake Forest, IL based Akorn, Inc., a specialty generic pharmaceutical company, develops, manufactures, and markets generic and branded prescription pharmaceuticals, over-the-counter (OTC) consumer health products, and animal health pharmaceuticals in the United States and internationally. On January 9, 2019, Akorn, Inc. disclosed that it had received a warning letter from the U.S. Food and Drug Administration following an inspection of Akorn's Decatur, Illinois manufacturing facility. This inspection revealed that contrary to Akorn's representations to shareholders, Akorn had failed to comply with multiple federal regulations pertaining to drug manufacturing.
Those who purchased shares of Akorn, Inc. (NASDAQ: AKRX) have certain options and should contact the Shareholders Foundation.
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