Alere. The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of Massachusetts on behalf of investors who purchased Alere Inc. (NYSE: ALR) securities between May 9, 2013 and April 20, 2016.
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company improperly recognized and reported revenue in violation of Generally Accepted Accounting Principles (“GAAP”); (2) that, as a result, the Company’s quarterly and annual SEC filings would be delayed; (3) that the Company lacked adequate internal controls over accounting and financial reporting; (4) and that, as a result of the aforementioned, the Company’s planned merger with Abbott Laboratories would be thrown into doubt.
If you suffered a loss in Alere you have until June 20, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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