Questcor Pharmaceuticals Investor Alert - The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation for Possible Violations of Securities Laws
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that the firms are investigating legal claims against Questcor Pharmaceuticals, Inc. ("Questcor") (NasdaqGS: QCOR) and its officers and Board of Directors for potential breaches of fiduciary duties and violations of federal securities laws. Specifically, shares of Questcor plunged by approximately 37% after the company announced that the U.S. Government has commenced an investigation into its promotional practices.
If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at firstname.lastname@example.org, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
According to shareholder rights attorney Willie Briscoe, "The recent revelations that Questcor is under investigation by the U.S. government has led our firms to investigate possible breaches of fiduciary duties and other violations of state and federal law by Questcor's officers and directors. Based on our investigation, we are prepared to institute litigation to preserve the company and the value of QCOR stock for all shareholders."
The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
KEYWORDS: United States North America Texas
The article Questcor Pharmaceuticals Investor Alert - The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation for Possible Violations of Securities Laws originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.