Get Cash Back and $0 Commissions
+ The Power of TradeStation
Newsfile 17-Mar-2023 9:10 AM
Los Angeles, California--(Newsfile Corp. - March 17, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Amgen Inc. ("Amgen" or "the Company") (NASDAQ:AMGN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between July 29, 2020 and April 27, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before May 12, 2023.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Amgen is the subject of claims by the U.S. government that it owed more than $3 billion in back taxes for tax years between 2010 and 2012. The government claims the Company also owed $5 billion for tax years between 2013 and 2015. The Company likely owed similar amounts for more recent years as it used a similar profit allocation to the past periods. The Company failed to allocate accruals to account for its outstanding tax liabilities. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Amgen, investors suffered damages.
Join the case to recover your losses.
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.
The Schall Law Firm
Brian Schall, Esq.
The Schall Law Firm
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/158789