Energy News / Shareholders Foundation, Inc.

NASDAQ:PTLA Shareholder Alert: Investigation Concerning Possible Wrongdoing at Portola Pharmaceuticals Inc

Via: ReleaseWire

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

An investigation on behalf of investors in Portola Pharmaceuticals Inc (NASDAQ:PTLA) shares over potential wrongdoing at Portola Pharmaceuticals was announced.

San Diego, CA -- (SBWIRE) -- 09/26/2017 -- An investigation on behalf of investors in NASDAQ:PTLA shares was announced concerning possible breaches of fiduciary duties by certain Portola Pharmaceuticals directors.

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

The investigation by a law firm concerns whether certain Portola Pharmaceuticals directors breached their fiduciary duties and caused damage to the company and its shareholders.

On September 5, 2017, Portola Pharmaceuticals Inc announced that the Company's oral anticoagulant Bevyxxa (betrixaban) would launch in November 2017 at the earliest, and possibly as late as the first quarter of 2018. Having previously projected a September 2017 launch for Bevyxxa, Portola Pharmaceuticals Inc advised investors that the U.S. Food and Drug Administration would require additional time to complete review of a post-approval change to the product.

Those who purchased shares of Portola Pharmaceuticals Inc (NASDAQ:PTLA) 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/nasdaqptla-shareholder-alert-investigation-concerning-possible-wrongdoing-at-portola-pharmaceuticals-inc-870133.htm

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