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ROSEN, LEADING TRIAL ATTORNEYS, Encourages Charles River Laboratories International, Inc Investors to Inquire About Securities Class Action Investigation - CRL

News Provided by PR Newswire2023-03-18
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ROSEN, LEADING TRIAL ATTORNEYS, Encourages Charles River Laboratories International, Inc. Investors to Inquire About Securities Class Action Investigation - CRL

 
[18-March-2023]
 

NEW YORK, March 18, 2023 /PRNewswire/ --

Rosen Law Firm, P.A. Logo

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Charles River Laboratories International, Inc. (NYSE: CRL) resulting from allegations that Charles River may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Charles River securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=12403 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On February 22, 2023, Charles River disclosed that it had received a grand jury subpoena for documents relating to a joint United States Department of Justice ("DOJ") and U.S. Fish and Wildlife Service ("USFWS") investigation into the illegal importation of nonhuman primates from Cambodia for research purposes, which has already led to criminal indictments of two Cambodian officials, as well as a Cambodian non-human primate supplier. The Company stated it would voluntarily suspend shipments of primates from Cambodia, which could impact the Company's ability to source non-human primates for research purposes. In addition, it warned that the investigation could harm its business.

On this news, Charles Rivers' stock price fell as much as 15% during intraday trading on February 22, 2023, harming investors.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions.  Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. 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 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      cases@rosenlegal.com
      www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/rosen-leading-trial-attorneys-encourages-charles-river-laboratories-international-inc-investors-to-inquire-about-securities-class-action-investigation--crl-301775426.html

SOURCE Rosen Law Firm, P.A.


Company Codes: NYSE:CRL


© 2023 PR Newswire. All Rights Reserved.

The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.




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