Case Details for "Perrigo Company"

Perrigo Company (Nasdaq:PRGO) being investigated for possible securities violations

On February 3, 2009, Perrigo shares plunged more than 21% after the Company revealed a write-down of $15.1 million, or $0.16 cents a share, due to the loss in value of auction rate securities purchased in Israel from Lehman Brothers. The Company stated that these securities had been written down from a face value of $18.0 million and continued to be held in non-current assets. On this news, the Company's stock fell more than 21% to close at $22.94 per share on unusually high trading volume. The investigation concerns whether Perrigo properly disclosed the write-down to investors in a timely fashion and whether Company insiders sold their personal shares of Perrigo Stock before disclosing the write-down.

Posted on:02/24/2009
Company: Perrigo Company
Affected Class: Undetermined
Scope: Nationwide

Contact Us Regarding This Investigation:

First Name
Last Name
Email Address
Phone Number
State of Residence	Please select Outside of US or Canada Canada Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Palau Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming
Name of Company At Issue
Description / Explanation
Security Code Please enter the code provided in the text box to submit this form.