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BOSTON, May 07, 2019 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, is investigating whether Lannett Company Inc. (“Lannett” or the “Company”) (NYSE: LCI) and certain of its officers and directors violated federal securities laws.
On May 7, 2019, Lannett disclosed that it has received written notification from several state attorneys general about their intention to bring price-fixing and anticompetitive-behavior claims against the Company.
Following this news, Lannett’s share price dropped more than 18%.
We are investigating the possibility of filing a lawsuit against Lannett. If you have purchased or otherwise acquired Lannett securities and have questions about your legal rights, or possess information relevant to this investigation, you may be entitled to compensation and are encouraged to contact attorney Dan DeMaria at (888) 868-2385, by email at firstname.lastname@example.org, or by visiting http://shareholder.law/cases/?case=lannett.
Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.
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SOURCE Block & Leviton LLP