LOS ANGELES -- (Business Wire)
Glancy
Prongay & Murray LLP(“GPM”)announces that it has
filed a class action lawsuit in the United States District Court for the
Southern District of New York on behalf of a class (the “Class”) of
individuals who purchased Unilife Corporation (“Unilife” or the
“Company”) (NASDAQ: UNIS)
securities between February 3, 2014 and May 23, 2016, inclusive
(the “Class Period”).
If you are a member of the Class described above, you have sixty days
from the date of this notice to move the Court to appoint you as lead
plaintiff. Please contact Lesley Portnoy at 310-201-9150, or at shareholders@glancylaw.com
to discuss this matter.
Throughout the Class Period, Defendants made false and/or misleading
statements, as well as failed to disclose material adverse facts about
the Company’s business, operations, and prospects. Specifically,
Defendants made false and/or misleading statements and/or failed to
disclose: (1) that the Company’s former CEO and former Chairman of the
Board of Directors had violated the Company’s policies and procedures
and had engaged in violations of law and regulation; (2) that the
Company lacked adequate internal controls over accounting and financial
reporting; (3) that, as a result, the Company would be unable to file
its Quarterly Report on Form 10-Q for the period ended March 31, 2016 by
the prescribed filing deadline; and (4) that, as a result of the
foregoing, the Company’s financial statements, as well as Defendants’
statements about Unilife’s business, operations, and prospects, were
false and misleading and/or lacked a reasonable basis.
To be a member of the Class you need not take any action at this time;
you may retain counsel of your choice or take no action and remain an
absent member of the Class. If you wish to learn more about this action,
or if you have any questions concerning this announcement or your rights
or interests with respect to these matters, please contact Lesley
Portnoy, Esquire, of Glancy Prongay & Murray LLP, 1925 Century Park
East, Suite 2100, Los Angeles, California 90067, at (310) 201-9150, by
e-mail to shareholders@glancylaw.com,
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160526006558/en/
Contacts:
Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
Source: Glancy Prongay & Murray LLP
© 2024 Canjex Publishing Ltd. All rights reserved.