IRVINE, CA / ACCESSWIRE / May 27, 2016 / Khang & Khang LLP (the "Firm") announces that a class action lawsuit has been filed against Alere Inc. ("Alere" or the "Company") (NYSE: ALR). Investors who purchased or otherwise acquired shares between May 9, 2013 and April 20, 2016, inclusive (the "Class Period"), are encouraged to contact the Firm prior to the June 20, 2016, lead plaintiff motion deadline.
If you purchased shares of Alere during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at [email protected].
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, the Company failed to disclose that: (1) Alere improperly recognized and reported revenue in violation of Generally Accepted Accounting Principles; (2) Alere's quarterly and annual SEC filings would thus be delayed; and (3) therefore, Alere's planned merger with Abbott Laboratories would be thrown into doubt.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at [email protected].
This press release may constitute Attorney Advertising in some jurisdictions.
Contact:
KHANG & KHANG LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
[email protected]
SOURCE: Khang & Khang LLP