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Investigation announced for Investors in AmerisourceBergen Corporation (NYSE: ABC)

06-03-2020 04:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in AmerisourceBergen Corporation (NYSE: ABC) shares over potential wrongdoing.

An investigation on behalf of investors in AmerisourceBergen Corporation (NYSE: ABC) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at AmerisourceBergen Corporation.

Investors who purchased shares of AmerisourceBergen Corporation (NYSE: ABC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain AmerisourceBergen Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.

In September 2017, the company's AmerisourceBergen Specialty Group unit pleaded guilty to a misdemeanor related to the sale of syringes containing drugs for cancer patients, double billing, and providing kickbacks to doctors, and paid $260 million in criminal fines and forfeitures. AmerisourceBergen Corporation also entered a five-year corporate integrity agreement to ensure compliance with federal health care rules.
On October 1, 2018, the U.S. Department of Justice ("DOJ") announced that AmerisourceBergen Corporation will pay $625 million to resolve civil fraud charges over related conduct, bringing AmerisourceBergen's total payments to $885 million over its repackaging and distribution of pre-filled syringes that were not approved by the U.S. Food and Drug Administration.

Those who purchased shares of AmerisourceBergen Corporation (NYSE: ABC) have certain options and should contact the Shareholders Foundation.

Media Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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