Processing your request


please wait...

Case Page

 

Case Status:    ONGOING    
On or around 07/10/2019 (Ongoing date of last review)

Filing Date: December 27, 2018

According to the Complaint, Alkermes is a biopharmaceutical company which researches, develops and commercializes pharmaceutical products.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the U.S. Food and Drug Administration (“FDA”) had advised Alkermes to follow a certain protocol in connection with its New Drug Application submission for ALKS 5461; (2) Alkermes had failed to follow that protocol; (3) consequently, an FDA advisory committee voted 21 to 2 against the approval of ALKS 5461; and (4) as a result, Alkermes’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On March 12, 2019, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Counsel. Lead Plaintiff filed a consolidated Complaint on July 9.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Biotechnology & Drugs
Headquarters: Ireland

SECURITIES INFORMATION:

Ticker Symbol: ALKS
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. New York
DOCKET #: 18-CV-07410
JUDGE: Hon. LaShann DeArcy Hall
DATE FILED: 12/27/2018
CLASS PERIOD START: 02/17/2017
CLASS PERIOD END: 11/01/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New York)
No Document Title Filing Date
COURT: E.D. New York
DOCKET #: 18-CV-07410
JUDGE: Hon. LaShann DeArcy Hall
DATE FILED: 07/09/2019
CLASS PERIOD START: 07/31/2014
CLASS PERIOD END: 11/01/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Cohen Milstein Sellers & Toll PLLC (Chicago)
    190 South LaSalle Street, Suite 1705, Cohen Milstein Sellers & Toll PLLC (Chicago), IL 60603
    312.357.0370 312.357.0369 ·
No Document Title Filing Date
—Related District Court Filings Data is not available