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EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Perrigo Company plc – PRGO

NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of the securities of
Perrigo Company plc (NYSE:PRGO) from November 8, 2018 through December
20, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover
damages for Perrigo investors under the federal securities laws.

To join the Perrigo class action, go to https://www.rosenlegal.com/cases-1518.html
or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at
866-767-3653 or email [email protected]
or [email protected]
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 RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN
ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD
PLAINTIFF.

The Complaint alleges that on December 20, 2018, Perrigo filed a Form
8-K with the Securities and Exchange Commission disclosing that it had
received an audit finding letter from the Irish tax authorities on
October 30, 2018 stating “that IP sales transactions… including the sale
of Tysabri®, were not part of the trade of Elan Pharma and therefore
should have been treated as chargeable gains subject to an effective 33%
tax rate, rather than the 12.5% tax rate applicable to trading income.”
Although Perrigo had revealed to investors on November 8, 2018 that it
had received the audit finding letter, it did not disclose material
details. On this news, Perrigo securities plummeted $15.33 or over 29%
to close at $37.03 on December 21, 2018.

A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than March 4, 2019. 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 https://www.rosenlegal.com/cases-1518.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via e-mail at [email protected]
or [email protected].

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm,
on Twitter: https://twitter.com/rosen_firm
or on Facebook: https://www.facebook.com/rosenlawfirm/.

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.

Contacts

Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The
Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New
York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax:
(212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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