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Law & Health Weekly

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Biotechnology Business



Law Offices of Howard G. Smith Announces 21 Days Remaining to Move to Be a Lead Plaintiff in the Shareholder Lawsuit Against Vertex Pharmaceuticals Inc.



May 10th, 2008

Law Offices of Howard G. Smith announces a May 12, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons who purchased the publicly traded securities of Vertex Pharmaceuticals Inc. ("Vertex" or the "Company") (NASDAQ:VRTX) between June 12, 2007 and November 2, 2007, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the District of Massachusetts.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company's operations and prospects, thereby artificially inflating...


Source: Law & Health Weekly (2008-05-10)

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