ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit against Assertio Holdings, Inc. ("Assertio" or the "Company") (NASDAQ:ASRT) has an upcoming March 5, 2024 Lead Plaintiff deadline. The lawsuit alleges Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the lawsuit alleges Defendants failed to disclose that: (i) the Company's reliance on Indocin products to boost its net income was unsustainable given the risk of generic competition; (ii) the Spectrum Acquisition was less valuable than Assertio had represented to investors; (iii) accordingly, Assertio had overstated the positive impact the ...
ASRT) Class Action Lawsuit Filed on Behalf of Investors – Nationally Ranked Investors' Rights Firm Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com