LCI-Lannet company Inc

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lannett Company, Inc. - LCI

Today 6:25 AM ET (PR NewsWire)Print

Pomerantz LLP is investigating claims on behalf of investors of Lannett Company, Inc. ("Lannett" or the "Company") (NYSE: LCI). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Lannett and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On February 4, 2021, Lannett issued a press release announcing the Company's fiscal 2021 second-quarter financial results. Lannett reported a net loss of $171.95 million, or $4.36 per share, and updated its 2021 guidance to project net sales of $480 million to $500 million, down significantly from the previous range of $520 to $545 million.

On this news, Lannett's stock price fell $1.20 per share, or 16.04%, to close at $6.28 per share on February 4, 2021.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:Robert S. WilloughbyPomerantz LLPrswilloughby@pomlaw.com

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SOURCE Pomerantz LLP

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Open 2.22High 2.26Low 2.15Close 2.1704/09/2020

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rising Treasury yields spook stock investors, March looms like a lion

 

s rising Treasury yields spook stock investors, March looms like a lion

2/27/21 5:00 PM ET (MarketWatch)Print

By MarketWatch

MARKETWATCH FRONT PAGE (http://www.marketwatch.com)

After a frenetic February, investors are probably hoping that March holds true to its proverb:

 In like a lion out like a lamb. See full story (http://www.marketwatch.com/story/as-rising-treasury-yields-spook-stock-investors-march-looms-like-a-lion-11614434139).

If you think it's time to shift to value stocks, here are Wall Street's favorites

Rising interest rates and a recovery of energy prices may signal a switch for investors after a years-long appetite for growth stocks. See full story (http://www.marketwatch.com/story/if-you-think-its-time-to-shift-to-value-stocks-here-are-wall-streets-favorites-11614094400).

This CPAC 'golden calf' Trump statue is spurring backlash of biblical proportions

Comments like 'the GOP worship a golden crook' spread across Twitter faster than you can say 'Moses' See full story (http://www.marketwatch.com/story/this-cpac-golden-calf-trump-statue-is-spurring-backlash-of-biblical-proportions-11614360507).

Americans can't file their income taxes fast enough -- but they should brace for some unwelcome news in their 2020 refunds

The IRS has received approximately 21% more individual returns than the agency received last year by Feb. 7, which was 12 days into the tax season last year. See full story (http://www.marketwatch.com/story/americans-cant-seem-to-file-their-income-taxes-fast-enough-but-they-should-brace-for-unwelcome-news-in-their-2020-returns-2021-02-25).

What is NBA Top Shot? Everything you need to know about the digital asset with over $230 million in transactions

NBA Top Shot is using blockchain technology to reinvent sports collectibles See full story (http://www.marketwatch.com/story/what-is-nba-top-shot-everything-you-need-to-know-about-the-digital-asset-with-over-230-million-in-transactions-11614287023).

MARKETWATCH PERSONAL FINANCE (http://www.marketwatch.com/personal-finance/)

'The house is appreciating daily due to its location, and he wants his children to inherit it. He wants me to pay rent, which essentially leaves nothing for my children.' See full story (http://www.marketwatch.com/story/my-fiance-wants-me-off-the-deed-and-mortgage-to-our-new-home-if-i-dont-agree-he-says-well-stay-engaged-forever-2021-02-08).

-MarketWatch; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 27, 2021 17:00 ET (22:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

What does it mean in like a lion out like a lamb?

“March comes in like a lion, out like a lamb” means that March starts off with cold winters and ends with warmer, spring weather. Because March straddles the winter/spring line, this is the perfect idiom to describe the weather during this month.

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