Rosen Law Firm, a global investor rights law firm, announces it has
filed the first class action lawsuit on behalf of purchasers of the
securities of Akers Biosciences, Inc. (NASDAQ: AKER) from May 15, 2017
through June 5, 2018 (the “Class Period”). The lawsuit seeks to recover
damages for Akers Biosciences investors under the federal securities
To join the Akers Biosciences class action, go to http://www.rosenlegal.com/cases-1358.html
or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at
866-767-3653 or email email@example.com
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants made false and/or misleading
statements and/or failed to disclose that: (1) Akers was improperly
recognizing revenue for the fiscal year ended December 31, 2017; (2)
Akers had downplayed weaknesses in its internal controls over financial
reporting and failed to disclose the true extent of those weaknesses;
and (3) as a result, defendants’ statements about Akers’ business,
operations and prospects were materially false and misleading and/or
lacked a reasonable basis at all relevant times. When the true details
entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than August 13, 2018. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to http://www.rosenlegal.com/cases-1358.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free
at 866-767-3653 or via email at firstname.lastname@example.org
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.
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