IMPORTANT AMYRIS, INC. INVESTOR ALERT: Wolf Halden
Post# of 301275
NEW YORK, April 26, 2017 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a filing class action lawsuit has been filed in the United States District Court for the Northern District of California against Amyris, Inc. (“Amyris” or the “Company”) (Nasdaq: AMRS ), on behalf of investors who purchased shares between March 2, 2017 and April 17, 2017 inclusive (the “Class Period”)
Investors who have incurred losses in s hares of Amyris, Inc. are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com .
If you suffered a loss in Amyris, Inc. shares and would like to assist with the litigation process as a lead plaintiff, you may, no later than June 19, 2017 , request that the Court appoint you lead plaintiff of the proposed class.
The filed complaint alleges that during the Class Period, Amyris made false and/or misleading statements and/or failed to disclose: that in the first quarter of 2017, the Company made a decision to take an equity stake in one of Blue California’s affiliates that focused on the sweetener market instead of cash payment under the license agreement; that due to this decision Amyris would be unable to recognize $10 million in fourth quarter and fiscal year 2016 revenue from the license agreement with Blue California; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times.
When this news was announced, shares of Amyris fell in value, harming investors.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com , or visit our website at www.whafh.com.
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Contact: Wolf Haldenstein Adler Freeman & Herz LLP Kevin Cooper, Esq. Gregory Stone, Director of Case and Financial Analysis Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com Tel: (800) 575-0735 or (212) 545-4774
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