OAKLAND, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24MNK&src=ctag” target=”_blank”gt;$MNKlt;/agt; lt;a href=”https://twitter.com/hashtag/MNK?src=hash” target=”_blank”gt;#MNKlt;/agt;–Mallinckrodt plc shares have declined by nearly 38% in 2019 due to
issues with health regulators and accusations of kickbacks. Gibbs Law
Group is investigating a Mallinckrodt
class action lawsuit on behalf of investors who lost money in
Mallinckrodt plc (NYSE: MNK) stock.
To speak privately with an attorney regarding this class action
lawsuit investigation, call (800) 808-5294 or click
here.
On May 21, 2019, Mallinckrodt plc (NYSE: MNK) stock plummeted after it
was announced that a dispute with health regulators might cost the
company hundreds of millions of dollars and reduce future sales for
Acthar, one of its top-selling products.
This announcement came on the heels of a prior report in April 2019 that
the U.S. Justice Department would intervene in a whistleblower lawsuit
accusing Questcor, a company that Mallinckrodt acquired in 2014, of
paying kickbacks to doctors for prescribing Acthar.
In total, shares of MNK have declined by about 38% in 2019, causing
significant damage to investors.
Gibbs Law Group is preparing a class action lawsuit to recover losses
suffered by Mallinckrodt investors. If you invested in Mallinckrodt and
would like to speak privately with a securities attorney to learn more
about our investigation and your legal rights, visit our website
or contact our securities team directly at (800) 808-5294.
Gibbs Law Group represents individual and institutional investors
throughout the country in securities
litigation to correct abusive corporate governance practices,
breaches of fiduciary duty, and proxy violations. The firm has recovered
over a billion dollars for its clients against some of the world’s
largest corporations, and our attorneys have received numerous honors
for their work, including “Best Lawyers in America,” “Titans of the
Plaintiffs Bar,” “Top Plaintiff Lawyers in California,” “California
Lawyer Attorney of the Year,” “Top Class Action Attorneys Under 40,”
“Consumer Protection MVP,” and “Top Cybersecurity/ Privacy Attorneys
Under 40.”
This press release may constitute Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
CONTACT: EILEEN EPSTEIN
PHONE: 510.350.9728
EMAIL: [email protected]
