MYLAN SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess ...
November 18 2016 - 10:07PM
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 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161118005010/en/
Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing
Partnerlewis.kahn@ksfcounsel.com
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