Press release
Investigation announced for Long-Term Investors in Elanco Animal Health Incorporated (NYSE: ELAN) over potential Wrongdoing
An investigation on behalf of investors in Elanco Animal Health Incorporated (NYSE: ELAN) shares over potential wrongdoing.
Investors who purchased shares of Elanco Animal Health Incorporated (NYSE: ELAN) 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 Elanco Animal Health directors breached their fiduciary duties and caused damage to the company and its shareholders.
Greenfiled, IN based Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for companion and food animals.
Elanco Animal Health Incorporated reported that its annual Total Revenue rose from over $3.066 billion in 2018 to over $3.071 billion in 2019, and that its Net Income declined from $86.5 million in 2018 to $67.9 million in 2019.
On August 9, 2021, Elanco disclosed receipt of a U.S. Securities and Exchange Commission subpoena regarding its channel inventory and sales practices before mid-2020. Following this news, Elanco stock traded down over 16.09% on August 9, 2021.
Those who purchased shares of Elanco Animal Health Incorporated (NYSE: ELAN) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
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 lawsuits, 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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