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Novo Nordisk A/S (NYSE: NVO)

Securities Class Action

Overview
  • Date:
  • 1/13/2017
  • Company Name:
  • Novo Nordisk A/S
  • Stock Symbol:
  • NVO
  • Class Period:
  • FROM 2/5/2015 TO 10/27/2016
  • Status:
  • Closed/Complete
  • Court:
  • U.S. Bankruptcy Court: District of New Jersey

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NEW YORK, January 13, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the New Jersey District Court on behalf of all persons or entities who acquired Novo Nordisk A/S (NYSE: NVO) securities between April 30, 2015 and October 27, 2016 (the “Class Period”).

The Complaint alleges that during the Class Period, Novo Nordisk reported materially false and misleading earnings and forecasts in that they were inflated through the collusive price fixing of the Company's insulin drugs. The Complaint also alleges that Novo Nordisk misrepresented and concealed the true extent of the pricing pressures it was experiencing from pharmacy benefit managers.

If you acquired Novo securities during the Class Period, have information or 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 A. Fortunato, Esq. 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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