Sentences with phrase «inflated during the class period»

It noted that the fact Amgen is strong, viable and profitable does not mean the company stock was not artificially inflated during the class period defined in the case.

Not exact matches

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) Akorn's failure to comply with FDA data integrity requirements would jeopardize Fresenius» acquisition of Akorn; (ii) the Company lacked effective internal controls over financial reporting; and (iii) as a result of the foregoing, Akorn shares traded at artificially inflated prices during the Class Period, and class members suffered significant losses and damClass Period, and class members suffered significant losses and damclass members suffered significant losses and damages.