Business

Mallinckrodt plc (NYSE: MNK) Investor Lawsuit alleges False and Misleading Statements

Press Release

An investor, who purchased shares of Mallinckrodt plc (NYSE: MNK), filed a lawsuit over alleged violations of Federal Securities Laws by Mallinckrodt plc (in connection with certain allegedly false and misleading statements.

Investor who purchased shares of Mallinckrodt plc (NYSE: MNK) have certain options and for certain investors are short and strict deadlines running. Deadline: September 24, 2019. NYSE: MNK investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Mallinckrodt plc (NYSE: MNK) common shares between February 28, 2018 and July 16, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 28, 2018 and July 16, 2019, the Defendants made false and/or misleading statements and/or failed to disclose that Acthar posed significant safety concerns that rendered it a non-viable treatment for ALS, that accordingly, Mallinckrodt overstated the viability of Acthar as an ALS treatment, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of Mallinckrodt plc (NYSE: MNK) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.