NYSE:NVS Shareholder Notice: Investigation over Possible Securities Laws Violations by Novartis AG
An investigation for investors in Novartis AG (NYSE:NVS) shares over potential securities laws violations by Novartis AG was announced.
San Diego, CA -- (SBWire) -- 07/20/2020 --Novartis AG is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Novartis AG (NYSE: NVS), 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 Novartis AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Switzerland based Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. On June 25, 2020, Novartis AG agreed to pay $225 million in criminal fines and disgorge $112 million in settling bribery allegations brought forth by the U.S. Department of Justice and the Securities and Exchange Commission. Novartis AG was under investigation for claims that: (1) the Company had bribed doctors and hospitals in Greece to prescribe "Novartis-branded pharmaceuticals"; (2) the Company had paid bribes in Vietnam to advance their business; and (3) the Company had falsified their financial records to conceal said activities.
Those who purchased shares of Novartis AG (NYSE: NVS) 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.
Media Relations Contact
Michael Daniels
Shareholders Foundation
1-858-779-1554
http://www.ShareholdersFoundation.com
View this press release online at: http://rwire.com/1297561