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Press Release: INVESTOR ALERT: Kaskela Law LLC Announces Important Shareholder Class Action Lawsuit Deadlines – CORT, HCSG, ARA and AMRS


NEWTOWN SQUARE, Pa., April 13, 2019 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that shareholder class action lawsuits have been filed against Corcept Therapeutics Incorporated (Nasdaq: CORT), Healthcare Services Group, Inc. (Nasdaq: HCSG), American Renal Associates Holdings, Inc. (NYSE: ARA) and Amyris, Inc. (Nasdaq: AMRS).  Additional information about these class actions lawsuits, including important deadlines in the actions, may be found below.
Corcept Therapeutics Incorporated (Nasdaq: CORT)A shareholder class action complaint has been filed against Corcept Therapeutics Incorporated (“Corcept”) on behalf of investors who purchased shares of the Company’s stock between August 2, 2017 and February 5, 2019 (the “Class Period”). For additional information, or to learn how to participate in this action, please visit
http://kaskelalaw.com/case/corcept/.
The complaint alleges that the defendants made false and misleading statements and/or failed to disclose material adverse information to investors during the Class Period concerning the Company’s business, operations and prospects.According to the complaint, on January 25, 2019, Southern Investigative Reporting Foundation (“SIRF”) published a report alleging that Corcept paid doctors to prescribe its drug, Korlym, for off-label uses.  Following this news, shares of the Company’s stock fell $1.52 per share, or over 11% in value, to close on January 25, 2019 at $12.29 per share.Then, on January 31, 2019, “likely due to the increased scrutiny of its illicit sales practices, the Company forecast a sharp slowdown in sales of Korlym, projecting full-year 2019 revenue of $285 million to $315 million while investors and analysts had expected approximately $328 million.”  Following this news, shares of the Company’s stock fell an additional $1.15 per share, or more than 10% in value, to close on February 1, 2019 at $10.03 per share.IMPORTANT DEADLINE: Corcept investors may, no later than May 13, 2019, seek to be appointed as a lead plaintiff re...


Posted: 2019-04-13 20:33:00

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Press Release: INVESTOR ALERT: Kaskela Law LLC Announces Important Shareholder Class Action Lawsuit Deadlines – CORT, HCSG, ARA and AMRS | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

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INVESTOR ALERT: Kaskela Law LLC Announces Important Shareholder Class Action Lawsuit Deadlines – CORT, HCSG, ARA and AMRS

Mon, 29 Apr 2019 13:38:00 GMT

Amyris, Inc. (Nasdaq: AMRS) A shareholder class action complaint has been filed against Amyris, Inc. (“Amyris”) on behalf of investors who purchased shares of the Company’s stock between March 15, ...

INVESTOR ALERT: Kaskela Law LLC Announces Important Shareholder Class Action Lawsuit Deadlines – CORT, HCSG, ARA and AMRS

Sun, 28 Apr 2019 11:31:00 GMT

NEWTOWN SQUARE, Pa., April 28, 2019 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that shareholder class action lawsuits have been filed against Corcept Therapeutics Incorporated (CORT), Healthcare ...

INVESTOR ALERT: Kaskela Law LLC Announces Important Shareholder Class Action Lawsuit Deadlines CORT, HCSG, ARA and AMRS

Sun, 28 Apr 2019 03:30:00 GMT

/ EIN News / -- NEWTOWN SQUARE, Pa., April 28, 2019 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that shareholder class action lawsuits have been filed against Corcept Therapeutics Incorporated ...

INVESTOR ALERT: Kaskela Law LLC Announces Important Shareholder Class Action Lawsuit Deadlines – CORT, HCSG, ARA and AMRS

Sat, 13 Apr 2019 15:30:00 GMT

NEWTOWN SQUARE, Pa., April 13, 2019 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that shareholder class action lawsuits have been filed against Corcept Therapeutics Incorporated (CORT), Healthcare ...

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