Articles From: INVESTOR ALERT: Glancy Binkow & Goldberg LLP Announces Update to the Shareholder Lawsuit Against Impax Laboratories, Inc. to Nasdaq September 2014 Volumes, 3Q14 Est. Revenue Capture


Glancy Binkow & Goldberg LLP filed a shareholder class action lawsuit on August 13, 2014, in the United States District Court for the Northern District of California on behalf of purchasers of the securities of Impax Laboratories, Inc. (“Impax” or the “Company”) (NASDAQ:IPXL). The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Impax failed to maintain proper quality control and manufacturing practices at its Taiwan facility, in violation of current Good Manufacturing Practices; (2) the manufacturing deficiencies at the Taiwan facility could have a material adverse impact on Impax’s ability to successfully launch its new drug, RYTARY, a long-acting capsule to treat the symptoms of Parkinson’s disease; and (3) these deficiencies jeopardized Impax’s ability to manufacture,
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Articles From: INVESTOR ALERT: Glancy Binkow & Goldberg LLP Announces Update to the Shareholder Lawsuit Against Impax Laboratories, Inc. to Nasdaq September 2014 Volumes, 3Q14 Est. Revenue Capture
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