Glancy prongay & murray llp commences investigation on behalf of alere inc. investors

Los angeles--(business wire)--glancy prongay & murray llp (“gpm”) is investigating claims on behalf of investors of alere inc. (“alere” or the “company”) (nyse: alr) concerning the company and its officers’ possible violations of federal securities laws. on march 15, 2016, alere announced that it had received a grand jury subpoena from the u.s. department of justice (“doj”) concerning potential violations of the u.s. foreign corrupt practices act. the doj is investigating documents related to the company's sales practices in africa, asia and latin america. as a result of the doj subpoena, alere has now said that it does not expect to timely file its annual report for 2015. on this news, alere stock has fallen as much as 8% to just $49.26 per share during intraday trading on march 15, 2016. if you purchased alere securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact lesley portnoy, esquire, of gpm, 1925 century park east, suite 2100, los angeles, california 90067 at 310-201-9150, toll-free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. if you inquire by email please include your mailing address, telephone number and number of shares purchased. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
ALR Ratings Summary
ALR Quant Ranking