NEW ORLEANS -- (Business Wire)
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until July 17, 2012, to file lead plaintiff applications in a
securities class action lawsuit against ViroPharma Inc. (Nasdaq:VPHM -
News), if they purchased the Company’s securities during the period
between December 14, 2011 and April 9, 2012, inclusive (the "Class
Period"). This action is pending in the United States District Court for
the Eastern District of Pennsylvania.
What You May Do
If you purchased shares of ViroPharma and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost to
you, e-mail or call KSF Managing Partner, Lewis Kahn (firstname.lastname@example.org),
toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or
KSF Director of Client Relations, Neil Rothstein, Esq. (email@example.com),
toll free at 877-694-9510, or via cell phone any time at 330-860-4092.
If you wish to serve as a lead plaintiff in this class action, you must
petition the Court by July 17, 2012.
About the Lawsuit
ViroPharma and certain of its senior executives are charged with issuing
a series of materially false and misleading statements, during the Class
Period, in violation of federal securities laws.
On April 10, 2012, shares of ViroPharma common stock dropped $6.17,
closing at $22.44 per share, after the Company announced that the FDA
would not grant additional exclusivity for its drug Vancocin. This
announcement stood in stark contrast to the representations made
previously by the Company.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana
Attorney General, Charles C. Foti, Jr., and other lawyers with
significant experience litigating complex securities class actions
nationwide on behalf of both institutional and individual shareholders,
you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner,
or after hours via cell phone 504-301-7900
Source: Kahn Swick & Foti, LLC
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