GRABAR LAW OFFICE INVESTIGATES AGAINST OFFICERS OF PACIRA BIOSCIENCES, INC. (NASDAQ: PCRX)
Pacira Biosciences, Inc. (NASDAQ: PCRX) is a pharmaceutical company committed to developing and providing non-opioid pain management and regenerative health solutions. Pacira currently offers three commercial-stage non-opioid treatments, including Exparel.
A recently filed securities fraud class action complaint alleges that Pacira, via certain of its officers, disseminated materially false and misleading statements and/or concealed material adverse facts concerning the validity and scope of the Company's patents. On August 9, 2024, Pacira announced that the New Jersey District Court had invalidated its ‘495 patent. This announcement surprised investors and analysts alike as they reacted immediately to the revelations, and the price of Pacira’s common stock declined dramatically.
Current Pacira shareholders who have held Pacira shares since prior to August 2, 2023, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever.
If you would like to learn more about this matter, you are encouraged to contact Joshua H. Grabar at jgrabar@grabarlaw.com or call 267-507-6085.