Equity alert: rosen law firm announces investigation of securities claims against alere inc.

New york--(business wire)--rosen law firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of alere inc. (nyse: alr) resulting from allegations that alere may have issued materially misleading business information to the investing public. on march 15, 2016, alere announced that it received a grand jury subpoena from the united states department of justice seeking documents relating to its sales practices in africa, asia and latin america and other matters related to the u.s. foreign corrupt practices act. alere also announced that it would be unable to timely file its annual report on form 10-k for the fiscal year ended december 31, 2015. on this news, shares of alere fell $4.14 per share or over 7% from its previous closing price to close at $49.32 per share on march 15, 2016. rosen law firm is preparing a class action lawsuit to recover losses suffered by alere investors. if you purchased shares of alere on or before march 14, 2016, please visit the firm’s website at http://rosenlegal.com/cases-367.html for more information. you may also contact phillip kim, esq. or kevin chan, esq. of rosen law firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com. rosen law firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. attorney advertising. prior results do not guarantee a similar outcome.
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