Investigation Overview
May 20, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Endo International plc (NASDAQ:ENDP) shares over potential securities laws violations by Endo International plc (NASDAQ:ENDP and certain of its directors and officers in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Endo International plc (NASDAQ:ENDP) concerning whether a series of statements by Endo International plc (NASDAQ:ENDP regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Endo International plc reported that its annual Total Revenue rose from over $2.38 billion in 2014 to over $3.26 billion in 2015 while its Net Loss increased from $721.32 million in 2014 to over $1.49 billion in 2015.
Shares of Endo International plc - Ordinary Shares (NASDAQ:ENDP) declined from as high as $94.46 per share in April 10, 2015 to as low as $12.56 per share on May 12, 2016.