INVESTOR LOSS ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against PAREXEL International Corp. - PRXL
November 11 2016 - 6:41PM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces it
is investigating potential securities claims on behalf of
shareholders of PAREXEL International Corporation (NASDAQ:PRXL)
resulting from allegations that PAREXEL may have issued materially
misleading business information to the investing public.
On November 10, 2016, during aftermarket hours, PAREXEL
disclosed that it is delaying the filing of its Quarterly Report on
Form 10-Q for the fiscal quarter ended September 30, 2016, because
“[o]n November 3, 2016, the Company identified potential errors
related to the timing of revenue recognition, almost all related to
prior periods, with regard to its Clinical Research Services
business segment.” On this news, shares of PAREXEL fell sharply
during intraday trading on November 11, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover
losses suffered by PAREXEL investors. If you purchased shares of
PAREXEL please visit the firm’s website at
http://www.rosenlegal.com/cases-949.html for more information. You
may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll
free at 866-767-3653 or via email at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20161111005896/en/
Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel:
(212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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