ICON plc(ICLR)

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Shareholders that lost money on ICON Public Limited Company (ICLR) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2025-04-03 17:03
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ICON Public Limited Company regarding a class action lawsuit due to alleged misleading statements and failures to disclose material information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from July 27, 2023, to October 23, 2024 [3]. - Allegations include that ICON suffered a material loss of business due to customer cost reduction measures and funding limitations impacting its client base [3]. - It is claimed that ICON's service offerings were insufficient to mitigate the effects of a significant market downturn [3]. - Requests for proposals from biotechnology customers were reportedly used as price discovery tools rather than indicative of actual client demand [3]. - Customers canceled contracts, limited engagements, and delayed clinical trial work, failing to enter new contracts at historical rates [3]. - The two largest customers of ICON were diversifying their clinical research organization providers away from the company [3]. - As a result of these issues, ICON's reported business metrics misrepresented actual client demand [3]. - The company was tracking below the 2024 revenue and EPS guidance issued during the class period, which lacked a reasonable factual basis [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 11, 2025, to participate in potential recovery [4]. - Once registered, shareholders will receive updates throughout the lifecycle of the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
The Gross Law Firm Notifies Shareholders of ICON Public Limited Company(ICLR) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-04-03 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ICON Public Limited Company regarding a class action lawsuit due to alleged misleading statements and undisclosed material losses during a specified class period [1]. Allegations Summary - ICON experienced a significant loss of business attributed to customer cost reduction measures and funding limitations affecting its client base [1]. - The company's service provision and hybrid model offerings were inadequate to mitigate the impacts of a market downturn [1]. - Requests for proposals from biotechnology customers were primarily used for price discovery rather than reflecting actual client demand [1]. - Customers canceled contracts, reduced engagements, and delayed clinical trial work, leading to a decline in new contracts at historical rates [1]. - ICON's two largest customers began diversifying their clinical research organization providers away from the company [1]. - The reported net new business awards and book-to-bill metrics misrepresented actual client demand for ICON's services [1]. - As a result of the above factors, ICON's performance was significantly below the 2024 revenue and EPS guidance provided during the class period, which lacked a reasonable factual basis [1]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 11, 2025, to participate in the case without any cost or obligation [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
ICLR DEADLINE: ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages ICON plc Investors to Secure Counsel Before Important April 11 Deadline in Securities Class Action – ICLR
GlobeNewswire News Room· 2025-04-01 18:19
Core Viewpoint - Rosen Law Firm is reminding purchasers of ICON plc ordinary shares about the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors without upfront costs [1][2]. Group 1: Class Action Details - The class action pertains to ICON plc ordinary shares purchased between July 27, 2023, and October 23, 2024, with a lead plaintiff deadline set for April 11, 2025 [1][2]. - Investors can join the class action by submitting a form or contacting the law firm directly for more information [2][5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success and recognition in this field [3]. - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019, and has been consistently ranked among the top firms for securities class action settlements [3]. Group 3: Allegations Against ICON - The lawsuit alleges that ICON made false and misleading statements regarding its business performance, including a material loss of business due to customer cost reductions and funding limitations [4]. - Specific claims include that ICON's service offerings were inadequate to mitigate market downturn impacts, and that client demand was misrepresented, leading to a significant discrepancy between reported metrics and actual performance [4].
ICON Public Limited Company Class Action: Levi & Korsinsky Reminds ICON Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 11, 2025 – ICLR
GlobeNewswire News Room· 2025-04-01 17:42
NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in ICON Public Limited Company ("ICON " or the "Company") (NASDAQ: ICLR) of a class action securities lawsuit. https://zlk.com/pslra-1/icon-public-limited-company-lawsuit-submission-form?prid=139916&wire=3 ICLR investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or conceale ...
ICLR INVESTOR NOTICE: ICON PLC Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-04-01 17:05
SAN DIEGO, April 1, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of ICON PLC (NASDAQ: ICLR) ordinary shares between July 27, 2023 and October 23, 2024, inclusive (the "Class Period"), have until Friday, April 11, 2025 to seek appointment as lead plaintiff of the ICON class action lawsuit. Captioned Shing v. ICON plc, No. 25-cv-00763 (E.D.N.Y.), the ICON class action lawsuit charges ICON as well as certain of ICON's top executive officers with violations of ...
ICON Public Limited Company Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 11, 2025 to Discuss Your Rights - ICLR
Prnewswire· 2025-04-01 09:45
NEW YORK, April 1, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in ICON Public Limited Company ("ICON " or the "Company") (NASDAQ: ICLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ICON investors who were adversely affected by alleged securities fraud between July 27, 2023 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/icon-public-limited-compan ...
The Gross Law Firm Reminds ICON Public Limited Company Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 11, 2025 – ICLR
GlobeNewswire News Room· 2025-03-31 17:05
NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of ICON Public Limited Company (NASDAQ: ICLR). Shareholders who purchased shares of ICLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/icon-public-limited-company-loss-submission-form/? id=139430&from=3 C ...
ICLR Deadline: ICLR Purchasers Have Opportunity to Lead ICON plc Securities Fraud Lawsuit
Prnewswire· 2025-03-31 13:30
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. NEW YORK, March 31, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of ordinary shares of ICON plc (NASDAQ: ICLR) between July 27 ...
Investors who lost money on ICON Public Limited Company(ICLR) should contact The Gross Law Firm about pending Class Action - ICLR
Prnewswire· 2025-03-31 09:45
NEW YORK, March 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ICON Public Limited Company (NASDAQ: ICLR). Shareholders who purchased shares of ICLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/icon-public-limited-company-loss-submission-form/? id=139399&from=4 CLASS ...
ICLR DEADLINE NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages ICON plc Investors to Secure Counsel Before Important April 11 Deadline in Securities Class Action – ICLR
GlobeNewswire News Room· 2025-03-29 15:30
Core Viewpoint - Rosen Law Firm is reminding investors who purchased ordinary shares of ICON plc between July 27, 2023, and October 23, 2024, about the April 11, 2025, deadline to become lead plaintiffs in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought ICON shares during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by April 11, 2025, to serve as lead plaintiff [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. Group 2: Allegations Against ICON - The lawsuit alleges that ICON made false and misleading statements regarding its business performance, including suffering a material loss of business due to customer cost reductions and funding limitations [4]. - It is claimed that ICON's service offerings were insufficient to mitigate the adverse effects of a significant market downturn, and that requests for proposals were primarily used for price discovery rather than indicating actual client demand [4]. - The lawsuit also states that ICON's two largest customers were diversifying their clinical research organization providers away from ICON, leading to a misrepresentation of client demand and a failure to meet revenue and earnings per share guidance [4].