Energy News / Shareholders Foundation, Inc.

NASDAQ:OPK Shareholder Notice: Lawsuit Alleges Misleading Statements by OPKO Health, Inc

Via: ReleaseWire

Updated 11:00 AM CDT, Tue, October 02,2018

A lawsuit was filed on behalf of investors in OPKO Health, Inc. (NASDAQ: OPK) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 10/02/2018 -- An investor, who purchased shares of OPKO Health, Inc. (NASDAQ: OPK), filed a lawsuit over alleged violations of Federal Securities Laws by OPKO Health, Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of OPKO Health, Inc. (NASDAQ: OPK) have certain options and for certain investors are short and strict deadlines running. Deadline: November 13, 2018. NASDAQ: OPK investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On September 7, 2018, the U.S. Securities and Exchange Commission ("SEC") filed a lawsuit against OPKO Health, Inc. and its CEO and Chairman, Phillip Frost, alleging violations of the federal securities laws. The complaint alleges that Defendants were participants in "highly profitable 'pump-and-dump' schemes . . . from 2013 through 2018" in the stock of three public companies that, "while enriching Defendants by millions of dollars, left retail investors holding virtually worthless shares."

According to the complaint the plaintiff alleges on behalf of purchasers of OPKO Health, Inc. (NASDAQ: OPK) common shares between September 26, 2013 and September 7, 2018, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between September 26, 2013 and September 7, 2018, the defendants made false and/or misleading statements and/or failed to disclose that OPKO Health, Inc. and its Chairman and Chief Executive Officer, Phillip Frost, were engaged in a pump-and-dump scheme with several other individuals and companies in their investments in several penny stocks, that this illicit scheme would result in governmental scrutiny including from the SEC, and that as a result, defendants' statements about OPKO Health, Inc's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of OPKO Health, Inc. (NASDAQ: OPK) 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


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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqopk-shareholder-notice-lawsuit-alleges-misleading-statements-by-opko-health-inc-1057357.htm

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