NEW YORK–(BUSINESS WIRE)–#A–Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Charles River Laboratories International, Inc. (“Charles River” or the “Company”) (NYSE: CRL) on behalf of Charles River stockholders. Our investigation concerns whether Charles River has violated the federal securities laws and/or engaged in other unlawful business practices.
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The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Charles River disclosed on February 22, 2023, that it had received a DOJ subpoena regarding an investigation of its allegedly illegal transport of primates for research purposes. The Company admitted it would voluntarily stop importing primates from Cambodia. The Company also warned that the investigations and its suspension of imports would negatively impact its business.
On this news, shares of Charles River fell by as much as 15% in intraday trading on the same day.
If you purchased or otherwise acquired Charles River shares and suffered a loss, are a long-term stockholder, have information, 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 Brandon Walker or Melissa Fortunato by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.