Elanco Animal Health Incorporated Is Being Sued For Violating Securities Laws And Affected Investors Are Invited To Join
The Schall Law Firm announces a class action lawsuit against Elanco Animal Health (NYSE:ELAN) for alleged violations of securities laws. The lawsuit covers investors who purchased securities between November 7, 2023 and June 26, 2024. The complaint alleges that Elanco made false and misleading statements about the safety of Zenrelia and overstated the timeline for launching Zenrelia and Credelio Quattro. Affected shareholders have until December 6, 2024 to join the lawsuit. The lawsuit claims investors suffered damages when the market learned the truth about these misrepresentations.
Lo Studio Legale Schall annuncia una causa collettiva contro Elanco Animal Health (NYSE:ELAN) per presunti violazioni delle leggi sui titoli. La causa riguarda gli investitori che hanno acquistato titoli tra il 7 novembre 2023 e il 26 giugno 2024. Il reclamo sostiene che Elanco ha fatto dichiarazioni false e fuorvianti sulla sicurezza di Zenrelia e ha esagerato la tempistica per il lancio di Zenrelia e Credelio Quattro. Gli azionisti interessati hanno tempo fino al 6 dicembre 2024 per unirsi alla causa. La causa afferma che gli investitori hanno subito danni quando il mercato ha appreso la verità su queste false rappresentazioni.
El Bufete Schall anuncia una demanda colectiva contra Elanco Animal Health (NYSE:ELAN) por supuestas violaciones de las leyes de valores. La demanda abarca a los inversores que compraron valores entre el 7 de noviembre de 2023 y el 26 de junio de 2024. La queja alega que Elanco hizo declaraciones falsas y engañosas sobre la seguridad de Zenrelia y exageró el cronograma para el lanzamiento de Zenrelia y Credelio Quattro. Los accionistas afectados tienen hasta el 6 de diciembre de 2024 para unirse a la demanda. La demanda afirma que los inversores sufrieron daños cuando el mercado conoció la verdad sobre estas tergiversaciones.
슐 법률사무소는 엘란코 동물 건강 (NYSE:ELAN)을 상대로 증권법 위반 혐의로 집단소송을 제기한다고 발표했습니다. 이 소송은 2023년 11월 7일부터 2024년 6월 26일 사이에 증권을 구입한 투자자를 포함합니다. 고소장은 엘란코가 Zenrelia의 안전성에 대해 거짓되고 오해의 소지가 있는 진술을 했으며 Zenrelia와 Credelio Quattro의 출시 일정을 과장했다고 주장합니다. 피해를 입은 주주들은 소송에 참여하기 위해 2024년 12월 6일까지 시간을 가지고 있습니다. 이 소송은 투자자들이 이러한 허위 진술에 대한 진실을 시장이 알게 되었을 때 손해를 보았다고 주장합니다.
Le cabinet Schall annonce un recours collectif contre Elanco Animal Health (NYSE:ELAN) pour des violations présumées des lois sur les valeurs mobilières. Le recours concerne les investisseurs qui ont acheté des valeurs mobilières entre le 7 novembre 2023 et le 26 juin 2024. La plainte allègue qu'Elanco a fait des déclarations fausses et trompeuses concernant la sécurité de Zenrelia et a exagéré le calendrier de lancement de Zenrelia et Credelio Quattro. Les actionnaires concernés ont jusqu'au 6 décembre 2024 pour se joindre au recours. Le recours affirme que les investisseurs ont subi des dommages lorsque le marché a appris la vérité concernant ces fausses déclarations.
Die Schall Anwaltskanzlei kündigt eine Sammelklage gegen Elanco Animal Health (NYSE:ELAN) wegen angeblicher Verstöße gegen das Wertpapierrecht an. Die Klage richtet sich an Investoren, die zwischen dem 7. November 2023 und dem 26. Juni 2024 Wertpapiere gekauft haben. Die Klage behauptet, dass Elanco falsche und irreführende Aussagen zur Sicherheit von Zenrelia gemacht und den Zeitplan für die Einführung von Zenrelia und Credelio Quattro übertrieben hat. Betroffene Aktionäre haben bis zum 6. Dezember 2024 Zeit, um sich der Klage anzuschließen. Die Klage behauptet, dass Investoren Schäden erlitten haben, als der Markt die Wahrheit über diese Falschangaben erfuhr.
- None.
- Company faces class action lawsuit for securities law violations
- Allegations of false statements regarding Zenrelia's safety profile
- Misleading statements about commercial launch timelines for Zenrelia and Credelio Quattro
- Potential financial liability from shareholder lawsuit
- Alleged overstatement of business prospects
Insights
The securities class action lawsuit against Elanco Animal Health raises serious allegations about misleading statements regarding its key products Zenrelia and Credelio Quattro. The complaint spans a relatively short class period (Nov 2023 - Jun 2024) and focuses on safety misrepresentations and overstated commercial prospects. These types of securities lawsuits typically pose significant financial and reputational risks, with potential settlements often reaching
The involvement of The Schall Law Firm, a prominent securities litigation firm, adds credibility to the case. The allegations specifically target violations of Sections 10(b) and 20(a) of the Securities Exchange Act, which are fundamental securities fraud provisions. For investors, this lawsuit could impact Elanco's stock value and future product launches, particularly if safety concerns about Zenrelia are validated through the legal process.
LOS ANGELES, CA / ACCESSWIRE / November 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Elanco Animal Health Incorporated ("Elanco" or "the Company") (NYSE:ELAN) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between November 7, 2023 and June 26, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 6, 2024.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Elanco's Zenrelia was not as safe as it portrayed to investors. The Company was unlikely to meet its own timeline for the commercial launch of Zenrelia and Credelio Quattro. The Company overstated its business prospects. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Elanco, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
View the original press release on accesswire.com
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