The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Akorn, Inc. Shareholders and a Lead Plaintiff Deadline of May 7, 2018 (AKRX)

NEW YORK, NY / ACCESSWIRE / May 1,
2018 / The Klein Law Firm announces that a class action
complaint has been filed on behalf of shareholders of Akorn, Inc. (NASDAQ:
AKRX) who purchased shares between March 1, 2017 and February
26, 2018. The action, which was filed in the United States District
Court for the District of Illinois, alleges that the Company violated federal
securities laws.

In particular, the complaint alleges
that throughout the Class Period, defendants made materially false and/or
misleading statements and/or failed to disclose that (1) the Company’s failure
to comply with FDA data integrity requirements would jeopardize Fresenius’
acquisition of the Company; (2) the Company lacked effective internal controls
over financial reporting; and (3) as a result, the Company’s financial
statements were materially false and misleading at all relevant
times.

Shareholders have until
May 7, 2018 to petition the court for lead plaintiff
status. Your ability to share in any recovery does not require that you serve
as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class
period and wish to obtain additional information, please contact Joseph Klein,
Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/akorn-inc?wire=1.

Joseph Klein, Esq. represents investors
and participates in securities litigations involving financial fraud throughout
the nation. Attorney advertising. Prior results do not guarantee similar
outcomes.

CONTACT:

Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein
Law Firm

ReleaseID: 498196