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].
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