PR Newswire
NEW YORK, Aug. 8, 2017
NEW YORK, Aug. 8, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Depomed, Inc. ("Depomed" or the "Company") (NASDAQ:DEPO).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose Company activities that might have led to an investigation by the regulatory government authorities regarding its opioid products.
Specifically, during an investor call held post-market on August 7, 2017, the Company announced that on July 28, 2017 the Company received a subpoena from the Department of Justice and the office of the Attorney General of Maryland regarding its commercialization practices for its opioid products, NUCYNTA and Lazand. The Company reported that it "will be incurring legal expenses in support of [its] responses which are reflected in [its] updated guidance." On this news, the Company's stock price has declined.
If you invested in Depomed stock or options between and would like to discuss your legal rights, click here: www.faruqilaw.com/DEPO. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.
CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
View original content with multimedia:http://www.prnewswire.com/news-releases/depomed-investor-alert-faruqi--faruqi-llp-encourages-investors-who-suffered-losses-exceeding-100000-investing-in-depomed-inc-to-contact-the-firm-300501245.html
SOURCE Faruqi & Faruqi, LLP
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.