Energy News / Shareholders Foundation, Inc.

NASDAQ:ICPT Shareholder Notice: Investigation Concerning Potential Securities Laws Violations by Intercept Pharmaceuticals Inc

Via: ReleaseWire

Updated 12:00 PM CDT, Tue, September 26,2017

An investigation for investors in NASDAQ:ICP shares over potential securities laws violations by Intercept Pharmaceuticals was announced.

San Diego, CA -- (SBWIRE) -- 09/26/2017 -- Intercept Pharmaceuticals Inc is under investigation over possible securities laws violations. The investigation was announced on behalf of investors of Intercept Pharmaceuticals Inc (NASDAQ:ICPT) shares in connection with certain financial statements made by Intercept Pharmaceuticals Inc.

Investors who purchased shares of Intercept Pharmaceuticals Inc (NASDAQ:ICPT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Intercept Pharmaceuticals Inc (NASDAQ:ICPT) concerning whether certain statements by Intercept Pharmaceuticals regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York, NY based Intercept Pharmaceuticals, Inc. is a biopharmaceutical company that is focused on the development and commercialization of therapeutics to treat non-viral, progressive liver diseases.

On September 12, 2017, Intercept issued a letter warning physicians against overdosing patients with Ocaliva (obeticholic acid), the Company's treatment for primary biliary cholangitis ("PBC"), advising them that the drug has been tied to liver injuries and death among patients suffering from PBC. Shares of Intercept Pharmaceuticals Inc (NASDAQ:ICPT) declined on September 14, 2017 to $$85.97 per share.

Those who purchased shares of Intercept Pharmaceuticals Inc (NASDAQ:ICPT) 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
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqicpt-shareholder-notice-investigation-concerning-potential-securities-laws-violations-by-intercept-pharmaceuticals-inc-870135.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com