NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 18, 2016 to file lead plaintiff applications in a securities class action lawsuit against Perrigo Company plc (NYSE: PRGO), if they purchased the Company’s securities between April 21, 2015 and May 11, 2016, inclusive (the “Class Period”) and/or owned Perrigo common stock as of November 13, 2015. This action is pending in the United States District Court for the District of New Jersey.
What You May Do
If you purchased shares of Perrigo and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (email@example.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 18, 2016.
About the Lawsuit
Perrigo is charged with failing to disclose material information during the Class Period, violating federal securities laws.
On April 8, 2015, Mylan offered to purchase Perrigo. Perrigo publicly rejected Mylan's offer and told investors that the offer substantially undervalued Perrigo. On November 13, 2015, a majority of Perrigo’s shareholders declined to tender their shares, defeating Mylan’s tender offer.
Thereafter, on February 18, 2016, Perrigo reported disappointing financial results for the fourth quarter 2015. On April 25, 2016, Perrigo announced that its CEO had resigned. Then, on May 12, 2016, Perrigo announced a first quarter 2016 loss of $0.93 per share.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.