SAN DIEGO, May 6, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by Perrigo Company plc (NYSE: PRGO) and certain of its officers. Perrigo develops, manufactures, markets, and distributes over-the-counter (OTC) consumer goods and pharmaceutical products worldwide.
The investigation concerns whether Perrigo and certain of its officers and directors have issued materially misleading business information to the investing public and engaged in a price-fixing scheme. In recent days and months the following news has been disclosed to the investing public:
- On February 27, 2017, Perrigo announced the resignation of its Chief Financial Officer and said that it would not timely file its 2016 annual financial statements. Perrigo further disclosed that its independent auditors are evaluating Perrigo's historical revenue recognition practices and no assurance can be given that the financial statements for one or more periods will not need restating.
- Following this news, on April 25, 2017, Perrigo's Board of Directors, concluded that the Company's previously issued financial statements for 12 different periods should no longer be relied upon, including two full fiscal years.
- Then on May 2, 2017, Perrigo announced that search warrants were executed at the Company's corporate offices connected with an ongoing investigation by the U.S. Department of Justice Antitrust Division related to drug pricing in the pharmaceutical industry.
If you have information that could assist in this investigation, including past employees and others, or if you are a Perrigo shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or phone at 619-814-4471. If emailing, please include a phone number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP