{"id":819345,"date":"2025-02-27T12:06:10","date_gmt":"2025-02-27T17:06:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/"},"modified":"2025-02-27T12:06:10","modified_gmt":"2025-02-27T17:06:10","slug":"icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/","title":{"rendered":"ICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n LOS ANGELES<\/span>
\n <\/span>, Feb. 27, 2025<\/span><\/span> \/PRNewswire\/ — Glancy Prongay<\/span> & Murray LLP<\/a> announces that investors with losses have opportunity to lead the securities fraud<\/span> class action lawsuit against ICON plc (“ICON” or the “Company”) (NASDAQ:\u00a0ICLR<\/a>).<\/p>\n

\n

\n
\n \"Glancy
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n IF YOU SUFFERED A LOSS ON YOUR ICON INVESTMENTS, CLICK HERE\u00a0<\/a>BEFORE APRIL 11, 2025<\/span> (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD<\/span> LAWSUIT <\/b>\n <\/p>\n

\n What Is The Lawsuit About?<\/b>
\n
The complaint filed alleges<\/span> that, between July 27, 2023<\/span> and October 23, 2024<\/span>, Defendants failed to disclose to investors: (1) that ICON was suffering from a material loss of business due to customer cost reduction measures and other widespread funding limitations impacting the Company’s client base; (2) that ICON’s purported FSP and hybrid model offerings were insufficient to shield the Company from the adverse effects of a significant market downturn; (3) that the RFPs ICON received from its biotechnology customers during the Class Period were used in substantial part as price discovery tools, and thus were not indicative of underlying client demand; (4) that ICON’s customers had canceled contracts, limited or reduced engagements, delayed clinical trial work, and\/or failed to enter into new contracts with ICON for additional clinical trial work at historical rates once existing projects ended (or were scheduled to end) in 2024; (5) that ICON’s two largest customers were diversifying their CRO providers away from the Company; (6) that as a result of the foregoing, ICON’s reported net new business awards and book-to-bill metrics materially misrepresented client demand for ICON’s services; and (7) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n Contact Us To Participate or Learn More:
<\/b>
\n If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
<\/span>
\n Charles Linehan, Esq.<\/span>,
Glancy Prongay<\/span> & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California<\/span> 90067
Email: \u00a0shareholders@glancylaw.com<\/a>Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at\u00a0www.glancylaw.com<\/a>.
Follow us for updates on LinkedIn<\/a>, Twitter<\/a>, or Facebook<\/a>.<\/p>\n

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.\u00a0<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n Contact Us:
<\/b>
\n Glancy Prongay<\/span>
\n & Murray <\/span>LLP,\u00a0
<\/span>1925 Century Park East, Suite 2100,
Los Angeles, CA<\/span> 90067
Charles Linehan<\/span>
<\/b>Email: \u00a0shareholders@glancylaw.com<\/a>
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at:\u00a0www.glancylaw.com<\/a>.<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302386964.html<\/a><\/p>\n

SOURCE Glancy Prongay<\/span> & Murray LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire LOS ANGELES , Feb. 27, 2025 \/PRNewswire\/ — Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against ICON plc (“ICON” or the “Company”) (NASDAQ:\u00a0ICLR). IF YOU SUFFERED A LOSS ON YOUR ICON INVESTMENTS, CLICK HERE\u00a0BEFORE APRIL 11, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges that, between July 27, 2023 and October 23, 2024, Defendants failed to disclose to investors: (1) that ICON was suffering from a material loss of business due to customer cost reduction measures and other widespread funding limitations impacting the Company’s client base; (2) that ICON’s purported FSP and hybrid … <\/p>\n

Continue reading “ICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-819345","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LOS ANGELES , Feb. 27, 2025 \/PRNewswire\/ — Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against ICON plc (“ICON” or the “Company”) (NASDAQ:\u00a0ICLR). IF YOU SUFFERED A LOSS ON YOUR ICON INVESTMENTS, CLICK HERE\u00a0BEFORE APRIL 11, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges that, between July 27, 2023 and October 23, 2024, Defendants failed to disclose to investors: (1) that ICON was suffering from a material loss of business due to customer cost reduction measures and other widespread funding limitations impacting the Company’s client base; (2) that ICON’s purported FSP and hybrid … Continue reading "ICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-27T17:06:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2395212\/Glancy_Prongay.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit\",\"datePublished\":\"2025-02-27T17:06:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\"},\"wordCount\":481,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2395212\\\/Glancy_Prongay.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-plc-iclr-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-3\\\/\",\"name\":\"ICON plc (ICLR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit - 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