LOS ANGELES, Aug. 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Elanco Animal Health Incorporated ("Elanco" or "the Company") (NYSE: ELAN) for violations of the securities law.
The investigations focuse on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Elanco touted its Zenrelia and Credelio Quattro treatments for animals, which were under review by the FDA. According to the Company, the FDA "has all data necessary to complete its review. All technical sections, including the label, are expected to be approved before the end of June [2024]." The Company announced on June 27, 2024, that it didn't expect either drug to be approved by the end of June and that Zenrelia would come with a safety warning. Based on these facts, shares of Elanco dropped by 21% on June 27, 2024
www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:The Schall Law Firm Brian Schall, Esq.310-301-3335info@schallfirm.comwww.schallfirm.com
SOURCE The Schall Law Firm
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