Dr. Reddy's Laboratories Ltd (ADR) (NYSE:RDY) Shareholder Alert: Investigation over Potential Violations of Securities Laws

An investigation for investors in Dr.Reddy’s Laboratories Ltd (ADR) (NYSE:RDY) shares over potential securities laws violations by Dr.Reddy’s Laboratories Ltd was announced and NYSE:RDY stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 12/08/2015 --An investigation for shareholders in Dr.Reddy's Laboratories Ltd shares over potential securities laws violations by Dr.Reddy's Laboratories Ltd and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Dr.Reddy's Laboratories Ltd (ADR) (NYSE:RDY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Dr.Reddy's Laboratories Ltd (ADR) (NYSE:RDY) concerning whether a series of statements by Dr.Reddy's Laboratories Ltd regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 6, 2015, Dr.Reddy's Laboratories Ltd (ADR) (NYSE:RDY) issued a statement acknowledging that it has received a warning letter issued by the US FDA dated November 05, 2015 relating to its API manufacturing facilities at Srikakulam, Andhra Pradesh and Miryalaguda, Telangana, as well as Oncology Formulation manufacturing facility at Duvvada, Visakhapatnam, Andhra Pradesh. Dr.Reddy's Laboratories Ltd said that this action follows the earlier inspections of these sites by the agency in November 2014, January 2015 and February 2015 respectively. Shares of Dr.Reddy's Laboratories Ltd (ADR) (NYSE:RDY) declined to as low as $46.44 per share on November 27, 2015.

Those who purchased shares of Dr.Reddy's Laboratories Ltd (ADR) (NYSE:RDY) 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/647451