Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Diplomat Pharmacy, Inc. (NYSE: DPLO) resulting from allegations that Diplomat may have issued materially misleading business information to the investing public.
On February 22, 2019, Diplomat announced it would be postponing the release of its fourth quarter and full-year 2018 financial results because it will need to record a non-cash impairment charge related to its PBM business. More specifically, Diplomat disclosed the charge is expected to be equal to a significant portion of the PBMs Goodwill and Definite-lived intangible assets, which total approximately $630 million as of December 31, 2018, prior to impairment charges. Diplomat also withdrew its preliminary 2019 full-year outlook provided in January. On this news, shares of Diplomat fell sharply during intraday trading on February 22, 2019.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Diplomat investors. If you purchased shares of Diplomat please visit the firms website at https://www.rosenlegal.com/cases-1515.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653