BOULDER, Colo., Feb. 23, 2009 (GLOBE NEWSWIRE) -- Advertising Material -- The Shuman Law Firm today announced that it is investigating certain current and former officers and directors of Perrigo Company ("Perrigo" or the "Company") (Nasdaq:PRGO) relating to the Company's Second Quarter Earnings Report, released February 3, 2009.
On February 3, 2009, Perrigo announced that it "incurred a charge of $15.1 million or $0.16 per share, related to the write-down of auction rate securities purchased in Israel from Lehman Brothers." That day, Perrigo common stock opened at $25.31 per share and closed at $22.94 per share. The Shuman Law Firm is investigating whether Perrigo's senior officers and directors sold significant amounts of their personal shares of Company stock while in possession of information relating to the write-down and before disclosure to the investing public.
If you currently own Perrigo common stock and would like a free consultation concerning your rights and interests, please contact Kip Shuman, Esq. or Rusty Glenn, Esq. toll-free at 866-974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative litigation.
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