NEW YORK, June 28, 2016 /PRNewswire/ -- The following
statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Intrexon Corporation ("Intrexon" or
the "Company") (NYSE: XON) between May 12, 2015 and April 20,
2016.
You are hereby notified that a securities class action
has commenced in the USDC for the Northern District of
California. If you purchased or
otherwise acquired Intrexon securities between May 12, 2015 and April 20,
2016, your rights may be affected by this action. To get
more information go to:
http://www.zlk.com/pslra/intrexon-corporation.
The complaint alleges that Intrexon issued false and misleading
financial statements to investors. On April 21, 2016, Spotlight Research issued a
report revealing that Intrexon's revenues were overstated by 50%
through transactions with related parties. Upon this news, shares
of Intrexon fell approximately 26% to close at $27.10 per share on April
21, 2016.
If you suffered a loss in Intrexon you have until
July 5, 2016 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. To
obtain additional information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://www.zlk.com/pslra/intrexon-corporation.
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 experience representing investors in securities
litigation involving financial fraud, and have recovered hundreds
of millions of dollars for aggrieved shareholders. Attorney
advertising. Prior results do not guarantee similar outcomes.
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
Logo -
http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/investor-alert-levi--korsinsky-llp-reminds-shareholders-of-intrexon-corporation-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-july-5-2016--xon-300291270.html
SOURCE Levi & Korsinsky, LLP