Open SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Unilife Corporation - UNIS Pomerantz Grossman Hufford Dahlstrom & Gross LLP 11 minutes ago
NEW YORK, Sept. 9, 2013 /PRNewswire/ -- Pomerantz Grossman Hufford Dahlstrom & Gross LLP is investigating claims on behalf of investors of Unilife Corporation. ("Unilife" or the "Company") (UNIS). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 237.
The investigation concerns whether Unilife and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On September 4, 2013, an article was published in FORBES magazine questioning the veracity of the company's financial statements. On this news, shares of Unilife fell more than 14% from the previous day's close, from $3.55 to $3.03. On September, 9, 2013, an ex-employee of the company, Talbot Smith, filed a whistleblower lawsuit against the Company alleging fraud and violations of the federal securities laws.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT: Robert S. Willoughby Pomerantz Grossman Hufford Dahlstrom & Gross LLP [email protected]
UNS Price at posting:
64.0¢ Sentiment: ST Buy Disclosure: Held