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Alkermes plc (ALKS)

Securities Class Action

Overview
  • Date:
  • 2/1/2019
  • Company Name:
  • Alkermes plc
  • Stock Symbol:
  • ALKS
  • Class Period:
  • FROM 2/17/2017 TO 11/1/2018
  • Status:
  • Closed/Complete
  • Court:
  • U.S. District Court: Eastern District of New York

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NEW YORK, February 1, 2019 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Alkermes plc (NASDAQ: ALKS) securities between February 17, 2017 and November 1, 2018 (the “Class Period”).  Investors have until February 25, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) the U.S. Food and Drug Administration (“FDA”) had advised Alkermes to follow a certain protocol in connection with its New Drug Application submission for ALKS 5461; (2) Alkermes had failed to follow that protocol; (3) consequently, an FDA advisory committee voted 21 to 2 against the approval of ALKS 5461; and (4) as a result, Alkermes’ public statements were materially false and/or misleading at all relevant times.

If you purchased Alkermes securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact  Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below.  There is no cost or obligation to you.

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