NEW ORLEANS, Nov. 4, 2016 /PRNewswire/ -- Kahn Swick
& Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until December 12, 2016
to file lead plaintiff applications in a securities class action
lawsuit against Mylan N.V. (NasdaqGS: MYL), if they purchased the
Company's securities between February 21,
2012 and October 7, 2016,
inclusive (the "Class Period"). This action is pending in the
United States District Court for the Southern District of
New York.
What You May Do
If you purchased shares of Mylan 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 (lewis.kahn@ksfcounsel.com). If you wish to
serve as a lead plaintiff in this class action, you must petition
the Court by December 12,
2016.
About the Lawsuit
Mylan and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On September 2, 2016, it
was reported that the Centers for Medicare & Medicaid Services
had "informed Mylan that it incorrectly classified EpiPen as a
generic under the Medicaid rebate program, which caused financial
consequences for federal and state governments by reducing the
amount of quarterly rebates Mylan owed for its product."
Then, on October 7, 2016, Mylan
announced that it had reached a $465
million settlement with the Department of Justice regarding
the classification of EpiPen and that it had received a request
from the SEC for documents related to the Medicaid rebate
program.
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.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC