NEW ORLEANS, Dec. 2, 2016 /PRNewswire/ -- Kahn Swick &
Foti, LLC ("KSF") and KSF partner, the former Attorney General of
Louisiana, Charles C. Foti, Jr., remind investors that they
have until January 5, 2017 to
file lead plaintiff applications in securities class action
lawsuits against Teva Pharmaceutical Industries Limited (NYSE:
TEVA), if they purchased the Company's American Depositary Shares
between February 10, 2014 and
November 3, 2016, inclusive (the
"Class Period"). The actions are pending in the Central
District of California and
Southern District of New York United States District Courts.
What You May Do
If you purchased shares of Teva and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost
to you, call toll-free at 1-877-515-1850 or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to
serve as a lead plaintiff in this class action, you must petition
the Court by January 5,
2017.
About the Lawsuit
Teva and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On November 3, 2016,
Bloomberg reported that an "antitrust investigation by the
Justice Department, begun about two years ago, now spans more than
a dozen companies," including Teva, "and about two dozen
drugs." The article further stated that a "grand jury probe
is examining whether some executives agreed with one another to
raise prices, and the first charges could emerge by the end of the
year." Additionally, according to Bloomberg,
"[g]eneric drug companies are also contending with a civil
price-fixing investigation by [the] Connecticut Attorney General."
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney
General Charles C. Foti, Jr., is a
law firm focused on securities, antitrust and consumer class
actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New
York, California and
Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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