SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

November 21, 2016 10:55 ET

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Diplomat Pharmacy, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 9, 2017 -- DPLO

NEW YORK, NY--(Marketwired - November 21, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Diplomat Pharmacy, Inc. ("Diplomat Pharmacy") (NYSE: DPLO) between October 9, 2014 and November 2, 2016. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Eastern District of Michigan. To get more information go to:

http://www.zlk.com/pslra/diplomat-pharmacy

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that during the Class Period, Diplomat Pharmacy issued false and misleading statements to investors and/or failed to disclose that: (1) the Company lacked adequate internal controls over its financial reporting and thus could not adequately calculate DIR fees; (2) Diplomat Pharmacy's hepatitis C segment was not performing as previously disclosed to investors; (3) the Company overstated its full-year 2016 guidance; and (4) as a result of the above, Diplomat Pharmacy's statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times.

On November 2, 2016, Diplomat Pharmacy announced third quarter 2016 results that were below investors' expectations and lowered its full year 2016 guidance. When this news was announced, shares of Diplomat Pharmacy fell in value, causing investors harm.

If you suffered a loss in Diplomat Pharmacy you have until January 9, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph E. Levi, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com