Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who acquired Intrexon Corporation (XON) securities between May 12, 2015 and April 20, 2016 (the “Class Period”).
According to the lawsuit, Intrexon issued false and misleading financial statements to investors. On April 21, 2016, Spotlight Research issued a report revealing that Intrexon’s revenues were overstated through transactions with related parties. The lawsuit claims that when this adverse information entered the market, the price of Intrexon stock dropped, damaging investors.
If you acquired Intrexon securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact J. Brandon Walker, Esq. by email at [email protected], or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information, please go to www.bespc.com.
Source: uk.finance.yahoo.com
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