NEW YORK, Dec. 08, 2016 (GLOBE NEWSWIRE) -- Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national investor rights law firm, reminds investors that January 5, 2017 is the last day to file lead plaintiff papers in the securities lawsuit against Teva Pharmaceutical Industries Limited (“Teva” or the “Company”) (NYSE:TEVA). The class action is on behalf of a class consisting of all persons who purchased Teva American Depositary Shares (“ADSs”) between February 10, 2015 and November 3, 2016, both dates inclusive (the “Class Period”). Teva investors are encouraged to go to: http://www.scott-scott.com/cases/new/securities-fraud-litigation-3027-teva-pharmaceutical-industries-limited-teva.html.
Teva primarily develops, manufactures, markets, and distributes generic medicines and a portfolio of specialty medicines. Teva ADSs are traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “TEVA.”
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Teva was involved in and/or had been involved in conduct that would result in an antitrust investigation by the U.S. Department of Justice and the State of Connecticut Office of the Attorney General; (2) the DOJ investigation and the misconduct may instigate U.S. prosecutors to file criminal charges against Teva for alleged price manipulation; (3) as a result, Teva lacked effective internal controls; and (4) consequently, Teva's public statements were materially false and misleading at all relevant times.
What You Can Do
If you purchased Teva ADSs, you may have legal claims against the Company. If you want to discuss filing lead plaintiff papers, or have questions about your legal rights, please contact attorney Joseph Pettigrew at (619) 517-1129, or at jpettigrew@scott-scott.com.
About Scott + Scott, Attorneys at Law, LLP
Scott+Scott has significant experience prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm has offices in New York, London, Connecticut, California, and Ohio. Please visit www.scott-scott.com for more information about the firm.