A lawsuit was filed on behalf of investors in McKesson Corporation (NYSE:MCK) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 11/13/2018 -- An investor, who purchased shares of McKesson Corporation (NYSE:MCK), filed a lawsuit over alleged violations of Federal Securities Laws by McKesson Corporation.
Investors who purchased shares of McKesson Corporation (NYSE:MCK) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On January 17, 2017, it was announced that McKesson agreed to pay a record $150 million civil penalty for alleged violations of the Controlled Substance Act.
The plaintiff claims that between October 24, 2013 and January 25, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that McKesson and several of its industry peers colluded to fix the price of certain generic drugs, that the collusive conduct constituted a violation of federal antitrust laws, that consequently, McKesson's revenues during the Class Period were, in part, the result of illegal conduct and were therefore unsustainable, that McKesson lacked effective internal controls over financial reporting, and that as a result, McKesson's public statements were materially false and misleading at all relevant times.
Those who purchased shares of McKesson Corporation (NYSE:MCK) 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.