Workflow
ICLR Deadline: ICLR Purchasers with Losses in Excess of $100K Have Opportunity to Lead ICON plc Securities Fraud Lawsuit
ICLRICON plc(ICLR) Prnewswire·2025-04-03 22:35

Core Viewpoint - Rosen Law Firm is reminding purchasers of ICON plc ordinary shares during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors [1][2]. Group 1: Class Action Details - The Class Period for the lawsuit is from July 27, 2023, to October 23, 2024, inclusive [1]. - Investors who purchased shares during this 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 to serve as lead plaintiff by April 11, 2025 [2]. Group 2: Reasons for Selecting Rosen Law Firm - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [3]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [3]. Group 3: Allegations Against ICON plc - The lawsuit alleges that ICON made false and misleading statements regarding its business performance and client demand during the Class Period [4]. - Specific claims include that ICON suffered a material loss of business due to customer cost reductions and funding limitations, and that its service offerings were insufficient to mitigate market downturn impacts [4]. - The lawsuit also states that ICON's reported business metrics misrepresented actual client demand, leading to a significant discrepancy between reported guidance and actual performance [4].