Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against ICON PLC
New York, NY – February 26, 2025
Bronstein, Gewirtz & Grossman, LLC, a leading national securities fraud law firm, reminds investors that a class action lawsuit has been filed against ICON PLC (“ICON” or “the Company”) (NASDAQ: ICLR) and certain of its officers. The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that the Company and its officers violated the federal securities laws.
Class Definition
The lawsuit seeks to recover damages on behalf of all persons and entities that purchased or otherwise acquired ICON securities between July 27, 2023, and October 23, 2024, both dates inclusive (the “Class Period”).
Allegations
The complaint alleges that throughout the Class Period, ICON made false and/or misleading statements and/or failed to disclose material information about the Company’s business, operations, and financial condition. Specifically, the complaint alleges that the Company and its officers:
- Misrepresented the Company’s financial results and prospects
- Failed to disclose adverse developments related to the Company’s clinical trials
- Failed to disclose insider trading activity
Impact on Individual Investors
If you purchased ICON securities during the Class Period, you may be eligible to receive compensation for your losses. To learn more about the class action and your rights as an investor, contact Bronstein, Gewirtz & Grossman, LLC, or visit the firm’s website.
Impact on the World
The filing of this class action lawsuit against ICON may have significant implications for the biotech industry as a whole. It highlights the importance of transparency and accurate reporting to investors, and may lead to increased scrutiny of companies in the sector. Additionally, it may deter insider trading activity and encourage greater corporate governance.
Conclusion
Bronstein, Gewirtz & Grossman, LLC continues to investigate potential securities fraud claims against ICON and encourages investors to contact the firm if they purchased ICON securities during the Class Period. The firm’s dedication to protecting investors’ rights and recovering losses for those who have been wronged continues to be a driving force in the industry. For more information about the class action, please visit the firm’s website or contact the attorneys directly.
Bronstein, Gewirtz & Grossman, LLC
200 Park Avenue, 16th Floor
New York, NY 10166
Phone: 212-697-1001
Fax: 212-697-1007
Email: [email protected]
Website: www.bgandg.com
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