Kendall Law Group Investigates SciClone Pharmaceuticals, Inc. For Shareholders
Kendall Law Group, a national securities firm led by a former federal judge Joe Kendall with attorneys that include a former U.S. Attorney, is investigating SciClone Pharmaceuticals, Inc. (NASDQ: SCLN) for shareholders. The investigation concerns potential breaches of fiduciary duties by the board of directors and other company executives in connection with ongoing investigations into potential violations of the Foreign Corrupt Practices Act (FCPA). Concerned SciClone shareholders should contact the Kendall Law Group at 877-744-3728 or by email at email@example.com.
On August 5, 2010 SciClone was informed by the Securities and Exchange Commission (SEC) that a formal, non-public investigation of SciClone had been initiated. The SEC issued a subpoena requesting documents and other information related to a “range of matters including interactions with regulators and government-owned entities in China, activities relating to sales in China and documents relating to certain company financial and other disclosures.” On August 6, 2010, SciClone received a letter from the Department of Justice (DOJ) indicating that the DOJ, which was already investigating FCPA issues in the pharmaceutical industry generally, had received information about the Company’s practices suggesting possible violations. SciClone disclosed the investigations on August 9, 2010, and the following day SciClone’s stock prices fell approximately 30%.
Kendall Law Group has the credentials and experience to pursue any type
of complex securities litigation in the nation. The firm helps
shareholders exercise their power to protect their investments when
companies break the law. If you are a SciClone shareholder, you are
encouraged to contact the Kendall Law Group to learn more about your
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV