Deadline in Lawsuit for Investors in Lannett Company, Inc. (NYSE: LCI) Shares Announced by Shareholders Foundation

SAN DIEGO, CA / ACCESSWIRE / January 11, 2017 / The Shareholders Foundation, Inc. announces that a deadline is coming up on January 17, 2017 in the lawsuit that was filed for certain investors in NYSE: LCI shares over alleged violations of Securities Laws Lannett Company, Inc.

Investors, who purchased shares of Lannett Company, Inc. (NYSE: LCI) in August 2013 or earlier and currently hold any of those NYSE: LCI shares also have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The plaintiff alleges that the defendants made allegedly false and/or misleading statements and/or failed to disclose that Lannett Company, Inc. was fixing, maintaining, and controlling prices of digoxin in violation of Connecticut antitrust laws; that Lannett Company, Inc. was allocating and dividing customers and territories with competitors relating to the sale of digoxin in violation of Connecticut antitrust laws; that Lannett Company, Inc.’s anticompetitive practices subjected Lannett to heightened regulatory scrutiny, including possible investigation by the Connecticut Office of the Attorney General (“CTAG”); and that, as a result of the foregoing, Lannett Company, Inc.’s public statements were allegedly materially false and misleading at all relevant times.

Those who purchased Lannett Company, Inc. (NYSE: LCI) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.

Michael Daniels

+1 (858) 779-1554

mail@shareholdersfoundation.com

3111 Camino Del Rio North

Suite 423

San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 452537