LOS ANGELES--(BUSINESS WIRE)--Nov. 29, 2018--
Glancy
Prongay & Murray LLP (“GPM”) announces an investigation on
behalf of McKesson Corporation(“McKesson” or the “Company”) (NYSE: MCK)
concerning the Company and its officers’ possible violations of federal
securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
The investigation concerns whether McKesson and certain of its officers
and/or directors have violated federal securities laws. On January 25,
2017, McKesson announced its financial and operating results for the
third quarter of fiscal year 2017. McKesson advised investors that its
poor financial results were “a result of the generic pricing actions
[McKesson] began to implement late in our second quarter,” as McKesson’s
“prices were ultimately set at a lower level than our initial
expectations that were included in our previous guidance.” On this news,
shares of McKesson fell $12.55 per share, or nearly 8.3%, to close at
$138.55 per share on January 26, 2017, thereby injuring investors.
Follow us for updates on Twitter: twitter.com/GPM_LLP.
If you purchased McKesson securities, have information or would like
to learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181129005878/en/
Source: Glancy Prongay and Murray LLP
Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com
