AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

MYLAN SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Mylan N.V. - MYL

December 21, 2019 GMT

NEW ORLEANS--(BUSINESS WIRE)--Dec 20, 2019--

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 14, 2020 to file lead plaintiff applications in a securities class action lawsuit against Mylan N.V. (NasdaqGS: MYL), if they purchased the Company’s securities between May 9, 2018 and May 6, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Western District of Pennsylvania.

What You May Do

If you purchased securities of Mylan 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, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ( lewis.kahn@ksfcounsel.com ), or visit https://www.ksfcounsel.com/cases/nasdaqgs-myl/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by February 14, 2020.

About the Lawsuit

Mylan and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On May 7, 2019, the Company disclosed disappointing 1Q2019 financial results, including that “North America segment net sales ... [were] down 6% on an actual and constant currency basis, primarily driven by changes in the competitive environment and the impact of the Morgantown plant remediation activities.”

On this news, the price of Mylan’s shares plummeted.

The case is Brody v. Mylan N.V. et al, 19-cv-1620.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191220005571/en/

CONTACT: Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

1-877-515-1850

1100 Poydras St., Suite 3200

New Orleans, LA 70163

KEYWORD: LOUISIANA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Kahn Swick & Foti

Copyright Business Wire 2019.

PUB: 12/20/2019 10:50 PM/DISC: 12/20/2019 10:50 PM

http://www.businesswire.com/news/home/20191220005571/en