SAN FRANCISCO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Assertio Holdings, Inc. (NASDAQ:ASRT) investors who suffered substantial losses to submit your losses now.
Class Period: Mar. 9, 2023 – Nov. 8, 2023 Lead Plaintiff Deadline: Mar. 5, 2024 Visit: www.hbsslaw.com/investor-fraud/asrt |
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Assertio Holdings, Inc. (ASRT) Securities Fraud Class Action:
On Jan. 5, 2024, Assertio's stock plummeted after it announced that its President and CEO Daniel Peisert was leaving his post with the Company. Notably, Assertio characterized Peisert's separation from the company as an "involuntary termination."
Just days after Peisert's termination, investors launched a securities class action suit against Assertio, Peisert and other executives. The case is brought on behalf of investors who purchased Assertio securities between Mar. 9, 2023 and Nov. 8, 2023, inclusive. The litigation, however, does not presently link Peisert's departure and the corresponding stock drop with the alleged fraud.
Rather, the complaint there alleges Assertio made false and misleading statements and failed ...