San Diego, CA -- (SBWire) -- 03/13/2023 --An investigation was announced for investors of Charles River Laboratories International, Inc. (NYSE: CRL) shares over potential securities laws violations by Charles River Laboratories International, Inc.
Investors who purchased shares of Charles River Laboratories International, Inc. (NYSE: CRL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Charles River Laboratories International, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Wilmington, MA based Charles River Laboratories International, Inc., a non-clinical contract research organization, provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally.
On February 22, 2023, Charles River Laboratories International, Inc. disclosed that it received a subpoena from the Justice Department relating to an ongoing investigation into the supply chain and illegal importation of nonhuman primates for research. The Company has voluntarily suspended shipments of primates from Cambodia. The Company also warned that the decision to suspend shipments will negatively impact its earnings this year and will reduce revenue growth by 200 basis points to 400 basis points.
Shares of Charles River Laboratories International, Inc. (NYSE: CRL) declined from $262 per share on February 08, 2023, to $198.98 per share on March 10, 2023.
Those who purchased shares of Charles River Laboratories International, Inc. (NYSE: CRL) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Charles River Laboratories International, Inc. (NYSE:CRL) Investor Alert: Investigation over Possible Violations of Securities Laws
An investigation for investors in Charles River Laboratories International, Inc. (NYSE:CRL) shares over potential securities laws violations by Charles River Laboratories International, Inc. was announced.