marijuana stocks news

The Shuman Law Firm Investigates INSYS Therapeutics, Inc.

BOULDER, Colo.–(BUSINESS WIRE)–

The Shuman Law Firmannounces that it is investigating potential claims against certain officers and directors of INSYS Therapeutics, Inc. (“INSYS” or the “Company”) (Nasdaq: INSY). INSYS is an Arizona-based specialty pharmaceutical company.

The Firm’s investigation relates to allegations of off-label drug marketing of one of the Company’s products, a painkiller called Subsys. These allegations were raised in a May 13, 2014, New York Times article titled “Doubts Raised About Off-Label Use of Subsys, a Strong Painkiller.” The article states that while the F.D.A. approved Subsys only for cancer patients who are already using round-the-clock painkillers by oncologists and pain specialists, just 1% of the total Subsys prescriptions are written by oncologists and about half are written by pain specialists. In December of 2014, INSYS confirmed that it had received a subpoena from the U.S. Department of Health and Human Services’ Office of the Inspector General relating to the Company’s sales and marketing practices. Following these announcements, the Company’s stock price fell and multiple class action lawsuits were filed against INSYS.

If you currently own INSYS common stock and are interested in discussing your rights, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll-free at (866) 569-4531 or email Mr. Shuman atkip@shumanlawfirm.com or email Mr. Glenn at rusty@shumanlawfirm.com.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.

Contact:
The Shuman Law Firm
Kip B. Shuman, Esq., 303-861-3003
kip@shumanlawfirm.com
or
Rusty E. Glenn, Esq., 303-861-3003
rusty@shumanlawfirm.com
or
Toll-Free: 866-569-4531
Fax: 303-536-7849
Web: www.shumanlawfirm.com

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Your email address will not be published.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

AbbVie Inc. (ABBV) Cariprazine (VRAYLAR®) Met Primary Endpoint in Phase 3 Study

AbbVie’s Cariprazine (VRAYLAR®) Met Primary Endpoint in Phase 3 Study as an…

Reliq Health Technologies Inc. (RQHTF) Announces Upcoming Shareholder Update Webinar

Reliq Health Technologies, Inc. Announces Upcoming Shareholder Update Webinar Reliq Health Technologies…

$PZOO Definitive Agreement

Pazoo Wholly Owned Subsidiary, Harris Lee, LLC Enters Into Definitive Agreement With…

Hemp, Inc. (HEMP) Announces Latest Trend: Hemp Outperforms Tobacco, Says Forbes Magazine

Hemp, Inc. Announces Latest Trend: Hemp Outperforms Tobacco, Says Forbes Magazine Hemp, Inc. (OTC…