Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Embecta Corp. (EMBC) By: Kirby McInerney LLP via Business Wire January 04, 2023 at 12:21 PM EST The law firm of Kirby McInerney LLP is investigating potential claims against Embecta Corporation (“Embecta” or the “Company”) (NASDAQ: EMBC). The investigation concerns whether Embecta and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. Embecta provides medical supplies and equipment. On December 20, 2022, Embecta issued a press release announcing the company's fourth quarter and full year 2022 financial results. Embecta's report included fourth-quarter revenue of $274.6 million, down 8.7% year-over-year, a $58.9 million impairment charge “related to the abandonment of certain U.S. manufacturing lines that are no longer expected to be completed,” and “5.5 million in impairment charges related to the abandonment of the purchase commitment of [the production line].” On this news, the price of Embecta shares declined by $5.08, or approximately 15.64%, from $32.48 per share to close at $27.40 on December 20, 2022. If you purchased or otherwise acquired Embecta securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you. Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com. 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/20230104005810/en/Contacts Kirby McInerney LLP Thomas W. Elrod, Esq. 212-699-1180 https://www.kmllp.com investigations@kmllp.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Embecta Corp. (EMBC) By: Kirby McInerney LLP via Business Wire January 04, 2023 at 12:21 PM EST The law firm of Kirby McInerney LLP is investigating potential claims against Embecta Corporation (“Embecta” or the “Company”) (NASDAQ: EMBC). The investigation concerns whether Embecta and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. Embecta provides medical supplies and equipment. On December 20, 2022, Embecta issued a press release announcing the company's fourth quarter and full year 2022 financial results. Embecta's report included fourth-quarter revenue of $274.6 million, down 8.7% year-over-year, a $58.9 million impairment charge “related to the abandonment of certain U.S. manufacturing lines that are no longer expected to be completed,” and “5.5 million in impairment charges related to the abandonment of the purchase commitment of [the production line].” On this news, the price of Embecta shares declined by $5.08, or approximately 15.64%, from $32.48 per share to close at $27.40 on December 20, 2022. If you purchased or otherwise acquired Embecta securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you. Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com. 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/20230104005810/en/Contacts Kirby McInerney LLP Thomas W. Elrod, Esq. 212-699-1180 https://www.kmllp.com investigations@kmllp.com
The law firm of Kirby McInerney LLP is investigating potential claims against Embecta Corporation (“Embecta” or the “Company”) (NASDAQ: EMBC). The investigation concerns whether Embecta and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. Embecta provides medical supplies and equipment. On December 20, 2022, Embecta issued a press release announcing the company's fourth quarter and full year 2022 financial results. Embecta's report included fourth-quarter revenue of $274.6 million, down 8.7% year-over-year, a $58.9 million impairment charge “related to the abandonment of certain U.S. manufacturing lines that are no longer expected to be completed,” and “5.5 million in impairment charges related to the abandonment of the purchase commitment of [the production line].” On this news, the price of Embecta shares declined by $5.08, or approximately 15.64%, from $32.48 per share to close at $27.40 on December 20, 2022. If you purchased or otherwise acquired Embecta securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you. Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com. 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/20230104005810/en/
Kirby McInerney LLP Thomas W. Elrod, Esq. 212-699-1180 https://www.kmllp.com investigations@kmllp.com