EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against AbbVie Inc. – ABBV
NEW YORK--(BUSINESS WIRE)--Sep 21, 2018--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of AbbVie Inc. (NYSE: ABBV) resulting from allegations that AbbVie may have issued materially misleading business information to the investing public.
On September 18, 2018, California’s insurance regulator sued AbbVie, alleging AbbVie gave kickbacks to healthcare providers for prescribing its arthritis drug, Humira. According to the lawsuit, AbbVie kickbacks included “cash, meals, drinks, gifts, trips, and patient referrals—and more sophisticated ones—free and valuable professional goods and services to physicians to induce and reward Humira prescriptions.” On this news, shares of AbbVie fell $4.35 per share or over 4.5% over the next two trading days to close at $91.02 per share on September 19, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by AbbVie investors. If you purchased shares of AbbVie please visit the firm’s website at https://www.rosenlegal.com/cases-1417.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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Laurence Rosen, Esq. Phillip Kim, Esq. Zachary Halper, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34 th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 firstname.lastname@example.org@email@example.com
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CONTACT: Rosen Law Firm
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Rosen Law Firm
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PUB: 09/21/2018 09:24 AM/DISC: 09/21/2018 09:24 AM