ASSERTIO CLASS ACTION LAWSUIT: the one thing shareholders should know

If you suffered losses in Assertio stock, contact Assertio stock loss lawyer Timothy L. Miles about an Assertio class action lawsuit

Contact an Assertio Stock Loss Lawyer about an Assertio class action lawsuit

​The one thing shareholders in the Assertio class action lawsuit should know about securities fraud class actions under the Private Securities Litigation Reform Act (PSLRA) is the potential for financial recovery. Shareholders who have been affected by securities fraud, such as in the case of the Assertio class action lawsuit, have the opportunity to participate in a class action and potentially receive compensation for their losses. The PSLRA was enacted in 1995 to protect investors and enhance the integrity of the securities markets. It imposes certain requirements and procedures for bringing a securities fraud class action like the Assertio class action lawsuit, and understanding these provisions is crucial for shareholders seeking redress.

One important aspect of securities fraud class actions that fall under the PSLRA just like the Assertio class action lawsuit, is the requirement to establish a "strong inference" of fraudulent intent on the part of the defendants. This means that plaintiffs must provide evidence that it is more likely than not that the defendants acted with intent to deceive, manipulate, or defraud investors. This standard was set to address concerns about frivolous lawsuits and to ensure that only meritorious claims move forward. Shareholders should be aware that meeting this threshold can be challenging, and they must work with experienced securities litigation attorneys who understand how to gather and present evidence to meet this burden.

Another key aspect of securities fraud class actions under the PSLRA is the lead plaintiff appointment process which will happen soon in the Assertio class action lawsuit. The PSLRA seeks to appoint the most adequate plaintiff as the lead plaintiff, who will represent the interests of all class members. The lead plaintiff is typically the shareholder or group of shareholders with the largest financial interest in the litigation. Shareholders should be proactive in asserting their interest in becoming the lead plaintiff, as this role carries significant responsibilities and can impact the outcome of the case. By actively participating in this process, shareholders can ensure that their interests are properly represented and maximize their chances of recovering damages.

Finally, shareholders should also be aware of the potential for settlement in securities fraud class actions under the PSLRA. While going to trial is always a possibility, many securities fraud cases are resolved through settlement agreements. These agreements often involve monetary compensation for shareholders and other remedial measures aimed at preventing future misconduct. Shareholders should closely review and consider any proposed settlements, as accepting a settlement may limit their ability to pursue further legal action. Shareholders need to consult with their attorneys and carefully evaluate the terms of any settlement offer before making a decision.

In conclusion, shareholders in the Assertio class action lawsuit should know that they have the potential for financial recovery through securities fraud class actions under the PSLRA. Understanding the requirements and procedures of these actions, such as establishing fraudulent intent, participating in lead plaintiff appointment process, and evaluating settlement offers, is essential for shareholders seeking redress. By working with experienced securities litigation attorneys and staying informed about their rights and options, shareholders can navigate these complex cases and increase their chances of recovering damages.

If you have any questions about your rights as a shareholder, please contact Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form.

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The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846–6529
​Email: [email protected]

Assertio​ stock loss lawyer Timothy L. Miles

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors,  shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,​Class Action:  Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM  (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022).  Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more.  Please visit our website or call for free anytime.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
​​Phone: (855) 846-6529
​Email: [email protected]