INSYS INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Insys Therapeutics, Inc. To Contact The Firm

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Oct 26, 2017, 17:15 ET

NEW YORK, Oct. 26, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Insys Therapeutics, Inc. ("Insys" or the "Company") (NASDAQ:INSY).

On October 26, 2017, the U.S. Department of Justice announced that John N. Kapoor, the Company's co-founder and majority owner, "was arrested this morning in Arizona and charged with RICO conspiracy, as well as other felonies, including conspiracy to commit mail and wire fraud and conspiracy to violate the Anti-Kickback Law."

Specifically, the superseding indictment alleges that Kapoor and several other of Insys' former officers "conspired to bribe practitioners in various states […] in order to get them to prescribe a fentanyl-based pain medication." The medication in question, Subsys, "is a powerful narcotic intended to treat cancer patients suffering intense breakthrough pain."

Following this announcement, Insys' share price declined significantly.

If you invested in Insys stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/INSY. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected].

CONTACT:
FARUQI & FARUQI, LLP
685 Third Avenue, 26^th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

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