LOS ANGELES, June 2, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against ICON Public Limited Company ("ICON" or "the Company") (NASDAQ: ICLR) for violations of the federal securities laws.
Shareholders who purchased the Company's securities between July 27, 2023 and October 23, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before June 2, 2025.
CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market concerning whether ICON suffered from a loss of business due to its customer base facing funding limitations. The Company's Functional Service Provision ("FSP") and hybrid models failed to protect it from the market downturn. The Company's customers used RFPs as a price discovery tool instead of as a true indication of demand. ICON's customers canceled contracts and reduced engagements as existing agreements ended. The Company's two largest clients were diversifying CRO providers by including its competitors
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
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CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
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SOURCE DJS Law Group LLP