NEW YORK, Dec. 17, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Eagle Pharmaceuticals, Inc. ("Eagle Pharmaceuticals" or the "Company") (NASDAQ:EGRX) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Eagle Pharmaceuticals securities between August 8, 2023 and November 28, 2023, both dates inclusive (the "Class Period"). Investors have until February 9, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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On November 9, 2023, before the market opened, Eagle Pharmaceuticals announced that it would not release its third quarter 2023 results that day (as had been expected) because the Company "requires more time to review potential adjustments relating to the reporting of sales of PEMFEXY® prior to filing its Form 10-Q." The Company also disclosed it "expects to revise its previously disclosed 2023 full year guidance downward." On this news, the Company's stock price fell $4.16, or 30.4%, to close ...