Recent Security Class Actions

Teva Pharmaceutical Industries Limited American Depositary Shares (NYSE: TEVA)

Company Name:Teva Pharmaceutical Industries Limited American Depositary Shares
Stock Symbol:NYSE: TEVA
Class Period Start:02/06/2014
Class Period End (inclusive):05/10/2019
Filing Deadline:01/05/2017

According to the law firm press release, the lawsuit alleges throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) Teva was engaging and/or had engaged in conduct that would result in an antitrust investigation by the U.S. Department of Justice ("DOJ") and the State of Connecticut Office of the Attorney General; (2) the DOJ investigation and the underlying conduct could cause U.S. prosecutors to file criminal charges against Teva by the end of 2016 for suspected price collusion; (3) in turn, Teva lacked effective internal controls over financial reporting; and (4) as a result, Teva's public statements were materially false and misleading at all relevant times.