Endo International, PLC
On December 4, 2017, the United States District Court for the Eastern District of Pennsylvania appointed Kessler Topaz Meltzer & Check, LLP (“Kessler Topaz”) as lead counsel for the class in the securities class action, Brier v. Endo International, PLC, et al., Case No. 2:17-cv-03711-TJS (E.D. Pa.). The class includes those who purchased or otherwise acquired Endo International, PLC (“Endo”) (Nasdaq: ENDP) common stock between November 30, 2012 and July 6, 2017, inclusive (the “Class Period”).
June 5, 2015 through June 10, 2015 Secondary Offering
On June 5, 2015, Endo announced the upsizing and pricing of its registered offering of ordinary shares (the “Offering”). Pursuant to the Offering, Endo issued 24,024,025 ordinary shares at a price of $83.25 per share, for aggregate gross proceeds of approximately $2 billion. Closing of the Offering took place on June 10, 2015.
Alleged Wrongful Conduct
The complaint alleges that throughout the Class Period, the defendants issued materially false and misleading statements and omitted material facts necessary to make the defendants’ statements not false or misleading, causing Endo’s securities, including those acquired in the Offering, to be artificially inflated.
If you or someone you know purchased Endo common stock pursuant to the June 5, 2015 Offering at a price of $83.25, and would like to learn more about the litigation, please fill out our online form, or contact us today at 888-299-7706 or by email at [email protected].