Assertio Holdings Faces Multiple Legal Challenges
Investigations and class action lawsuits target Assertio Holdings, Inc. over alleged securities law violations and misleading statements.
- Assertio Holdings, Inc. is under investigation by the Portnoy Law Firm for potential losses to investors following FDA approval of a competitor's generic drug.
- Kessler Topaz Meltzer & Check, LLP announces a securities class action lawsuit against Assertio, citing fraudulent misrepresentations and omissions.
- Bronstein, Gewirtz & Grossman, LLC files a class action lawsuit on behalf of Assertio investors, alleging violations of federal securities laws between March 9, 2023, and November 8, 2023.
- Assertio's stock price plummeted following the FDA's approval of a generic competitor and disappointing financial results.
- The company's acquisition of Spectrum Pharmaceuticals Inc. in July 2023 is now under scrutiny for not meeting initial expectations.