An investigation for investors in AmerisourceBergen Corporation (NYSE: ABC) shares over potential securities laws violations by AmerisourceBergen Corporation was announced.
San Diego, CA -- (SBWIRE) -- 11/16/2018 -- An investigation was announced over potential securities laws violations by AmerisourceBergen in connection with certain financial statements.
Investors who purchased shares of AmerisourceBergen Corporation (NYSE: ABC), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by AmerisourceBergen Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Chesterbrook, PA based AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.
In September 2017, the company's AmerisourceBergen Specialty Group unit pleaded guilty to a misdemeanor related to the sale of syringes containing drugs for cancer patients, double billing, and providing kickbacks to doctors, and paid $260 million in criminal fines and forfeitures. AmerisourceBergen Corporation also entered a five-year corporate integrity agreement to ensure compliance with federal health care rules.
On October 1, 2018, the U.S. Department of Justice ("DOJ") announced that AmerisourceBergen Corporation will pay $625 million to resolve civil fraud charges over related conduct, bringing AmerisourceBergen's total payments to $885 million over its repackaging and distribution of pre-filled syringes that were not approved by the U.S. Food and Drug Administration.
Shares of AmerisourceBergen Corporation (NYSE: ABC) closed on November 15, 2018, at $89.15 per share.
Those who purchased shares of AmerisourceBergen Corporation (NYSE: ABC) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
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.
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