Shareholders Foundation, Inc.

Pacira Pharmaceuticals Inc (NASDAQ:PCRX) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in Pacira Pharmaceuticals Inc (NASDAQ:PCRX) shares over potential securities laws violations by Pacira Pharmaceuticals was announced and NASDAQ:PCRX stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 09/29/2014 -- The Shareholders Foundation announces that an investigation on behalf of investors of Pacira Pharmaceuticals Inc (NASDAQ:PCRX) shares was launched over potential securities laws violations by Pacira Pharmaceuticals and certain of its directors and officers in connection certain financial statements.

Investors who purchased shares of Pacira Pharmaceuticals Inc (NASDAQ:PCRX) 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 possible claims on behalf of purchasers of the securities of Pacira Pharmaceuticals Inc (NASDAQ:PCRX) concerning whether a series of statements by Pacira Pharmaceuticals regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Pacira Pharmaceuticals Inc reported that its annual Total Revenue rose from $14.56 million in 2010 to $85.55 million in 2013. Shares of Pacira Pharmaceuticals Inc (NASDAQ:PCRX) grew from under $8 per share in early 2012 to as high as $109.94 per share in late August 2014.

Then on September 25, 2014-- Pacira Pharmaceuticals Inc (NASDAQ:PCRX) announced that it received a Warning Letter from the U.S. Food and Drug Administration’s (FDA) Office of Prescription Drug Promotion (OPDP) referencing certain promotional materials on EXPAREL® (bupivacaine liposome injectable suspension).

Shares of Pacira Pharmaceuticals Inc (NASDAQ:PCRX) declined from $106.29 per share on September 24, 2014, to $96.93 per share during September 25, 2014.

On September 25, 2014, NASDAQ:PCRX shares closed at $94.62 per share.

Those who purchased shares of Pacira Pharmaceuticals Inc (NASDAQ:PCRX) 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