Elanco (ELAN) Faces Federal Lawsuit Over Alleged Misrepresentation of Zenrelia's Safety Profile - Hagens Berman
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Elanco Animal Health Inc. is facing a federal lawsuit for allegedly misrepresenting the safety profile of its product Zenrelia. The lawsuit, filed in the U.S. District Court of Maryland, accuses Elanco and specific executives of making false statements between November 2023 and June 2024. Investors who suffered losses are encouraged to contact Hagens Berman before the December 2024 deadline.
November 22, 2024 | 7:45 pm
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Elanco Animal Health Inc. is involved in a federal lawsuit for allegedly misrepresenting the safety of Zenrelia, potentially impacting its stock price negatively.
The lawsuit against Elanco for alleged misrepresentation of Zenrelia's safety profile is likely to negatively impact investor sentiment and the stock price in the short term. Legal issues can lead to financial penalties and damage to reputation, affecting stock performance.
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