LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces a class action lawsuit has been filed against Alere Inc. (“Alere” or the “Company”) (NYSE: ALR) concerning possible violations of federal securities laws between May 9, 2013 and April 20, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the June 20, 2016, lead plaintiff motion deadline.
For more information or to participate, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, the Company failed to disclose that: (1) Alere improperly recognized and reported revenue in violation of Generally Accepted Accounting Principles; (2) Alere’s quarterly and annual SEC filings would thus be delayed; and (3) therefore, Alere’s planned merger with Abbott Laboratories would be thrown into doubt.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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