IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against WuXi PharmaTech (Caym...
05 March 2019 - 3:00AM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against WuXi
PharmaTech (Cayman) Inc. (“WuXi” or “the Company”) (NYSE: WX) 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 shares between September
1, 2015 and December 10, 2015, inclusive (the ''Class Period''),
are encouraged to contact the firm before April 23, 2019.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, 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 brian@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. WuXi failed to provide
material information and made misrepresentations in public
statements to investors, making it impossible for them to make an
informed decision about the proposed merger between the Company and
New WuXi Life Science Limited and WuXi Merger Limited for
approximately $3.62 billion. The Company planned to spin-off the
subsidiaries as publicly-traded entities for their own gain. 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 WuXi, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190304005688/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.comOffice: 310-301-3335Cell:
424-303-1964info@schallfirm.com
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