Energy News / Shareholders Foundation, Inc.

NASDAQ:DEPO Shareholder Alert: Investigation of Certain Directors of Depomed Inc

Via: ReleaseWire

Updated 1:13 PM CDT, Mon, October 30,2017

An investigation on behalf of current long term investors in Depomed Inc (NASDAQ:DEPO) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

San Diego, CA -- (SBWIRE) -- 10/30/2017 -- An investigation was announced for investors in NASDAQ:DEPO shares concerning possible breaches of fiduciary duties.

Investors in Depomed Inc (NASDAQ:DEPO) shares should contact the Shareholders Foundation at or call 858-779-1554.

The investigation by a law firm for investors in NASDAQ:DEPO stocks follows a lawsuit filed recently against Depomed Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:DEPO stocks, concerns whether certain Depomed directors are liable in connection with the allegations made in that lawsuit. The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Depomed engaged in questionable practices in connection with the sales and marketing of the Company's opioid products, that the foregoing conduct, when it became known, would likely subject the Company to heightened legal and regulatory scrutiny, and that as a result, Depomed's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Depomed Inc (NASDAQ:DEPO) have certain options and should contact the Shareholders Foundation.

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels