Case Page

 

Case Status:    ONGOING    
On or around 09/08/2017 (Ongoing date of last review)

Filing Date: January 24, 2017

According to the law firm press release, the lawsuit alleges throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) Innocoll’s New Drug Application (“NDA”) submission to the FDA in October 2016 for XARACOLL was incomplete; (2) due to the incomplete NDA submission, XARACOLL would not be approved in 2017 as investors were led to believe; and (3) as a result, Defendants’ statements about Innocoll’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

On May 25, 2017, an amended complaint was filed.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Major Drugs
Headquarters: Ireland

SECURITIES INFORMATION:

Ticker Symbol: INNL
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: E.D. Pennsylvania
DOCKET #: 17-CV-00341
JUDGE: Hon. GENE E.K. PRATTER
DATE FILED: 01/24/2017
CLASS PERIOD START: 11/03/2016
CLASS PERIOD END: 12/29/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm P.A. (New York)
    275 Madison Avenue, 34th Floor, The Rosen Law Firm P.A. (New York), NY 10016
    (212) 686-1060 (212) 202-3827 ·
No Document Title Filing Date
COURT: E.D. Pennsylvania
DOCKET #: 17-CV-00341
JUDGE: Hon. GENE E.K. PRATTER
DATE FILED: 05/25/2017
CLASS PERIOD START: 07/25/2014
CLASS PERIOD END: 12/29/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (Jenkintown)
    101 Greenwood Avenue Suite 203 , The Rosen Law Firm, P.A. (Jenkintown), PA 19046
    215-600-2817 ·
No Document Title Filing Date