Important Information for ICON plc Investors: Securities Class Action Lawsuit Filed
NEW ORLEANS, Feb. 28, 2025
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 11, 2025 to file lead plaintiff applications in a securities class action lawsuit against ICON plc (the “Company”) (NasdaqGS: ICLR), if they purchased the Company’s shares between July 27, 2023 and October 23, 2024, inclusive (the “Class Period”).
About the Class Action Lawsuit
The lawsuit alleges that the Company made materially false and/or misleading statements and/or failed to disclose that:
- ICON was experiencing significant delays and operational challenges with its construction projects;
- The Company’s financial statements for 2023 and 2024 contained material misstatements;
- ICON’s internal controls over financial reporting were inadequate;
- The Company’s revenue growth was driven by improper sales and accounting practices.
Impact on ICON plc Investors
If you purchased ICON plc shares during the Class Period and suffered a loss, you may be eligible to recover your loss free of charge. To learn more, click here to contact KSF:
Impact on the World
The securities class action lawsuit against ICON plc may have significant implications for the construction industry and investors. The allegations of operational challenges, financial misstatements, and inadequate internal controls could lead to increased scrutiny and regulation of construction companies. Additionally, investors may become more cautious when considering investments in the sector, potentially leading to decreased demand for shares and a negative impact on stock prices.
Conclusion
If you invested in ICON plc during the Class Period and believe you may have a claim, we encourage you to contact KSF to discuss your potential recovery. KSF takes pride in providing its clients with quality representation, and the firm has recovered billions of dollars for its clients. For more information about this class action or KSF’s securities litigation practice, please visit www.ksfcounsel.com.
About Kahn Swick & Foti, LLC
Kahn Swick & Foti, LLC is a law firm based in New Orleans, Louisiana and Baton Rouge, Louisiana. KSF focuses on securities, antitrust, and consumer class actions, along with complex litigation in state and federal courts nationwide.
Contact:
Kahn Swick & Foti, LLC
1250 Poydras St., Suite 3200
New Orleans, LA 70113
1-877-675-1400
1-504-483-1300
1-504-483-1313 (Fax)
1100 Peachtree St. NE, Suite 2500
Atlanta, GA 30309
1-404-233-1170
1-404-233-1225 (Fax)
For more information about KSF, please visit www.ksfcounsel.com.
Copyright © Kahn Swick & Foti, LLC
Attorney Advertising
Prior results do not guarantee a similar outcome.
