marijuana stocks news

Purcell Julie & Lefkowitz LLP Is Investigating Insys Therapeutics, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Insys Therapeutics, Inc. (INSY).

After the close of the market on April 24, 2015 the Southern Investigating Report Foundation (“SIRF”) published an article reporting on patients who either died or suffered adverse events while being treated with Subsys, and detailed how Insys aggressively marketed Subsys. On this news, the price of Insys’s shares declined $6.00 per share, or nearly 10%, to close at $56.42 per share on April 27, 2015.

Further, on January 25, 2016, SIRF published an article alleging that Insys’s executives have continued to pressure Company employees to develop new schemes to promote the illegal and improper off-label marketing and sale of Subsys. On this news, the price of the Company’s shares declined an additional $1.07 per share, or nearly 5%, to close at $21.58 per share on January 25, 2016.

If you are a shareholder of Insys Therapeutics and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:

You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000.  One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit https://pjlfirm.com.   Attorney advertising. Prior results do not guarantee a similar outcome.

To view the original version on PR Newswire, visit:https://www.prnewswire.com/news-releases/purcell-julie–lefkowitz-llp-is-investigating-insys-therapeutics-inc-for-potential-breaches-of-fiduciary-duty-by-its-board-of-directors-300319892.html


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

$MDBX Form 10-Q

Form 10-Q/A for MEDBOX, INC. 16-Mar-2015 Quarterly Report Item 2. Management’s Discussion…

GTEC Holdings Ltd. (GTEC.V) (GGTTF) Enters into Agreement to Acquire Facility in Kelowna BC

GTEC Enters into Agreement to Acquire Facility in Kelowna BC GTEC Holdings…

SOL Global Investments Corp. (SOL) (SOLCF) Files Early Warning Reports in Relation to Acquisitions of Common Shares of Torque Esports Inc.

SOL Global Investments Corp. Files Early Warning Reports in Relation to Acquisitions…

Hemp, Inc. (HEMP) Featured by CBS and NBC Affiliates in Oregon About The Hemp University’s Educational Hemp Seminar

Hemp, Inc. Featured by CBS and NBC Affiliates in Oregon About The…