SAN DIEGO, CA / ACCESSWIRE / January 23, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit is pending in Maryland for certain purchasers in (NYSE: EBS) shares over alleged Securities Laws Violations by Emergent Biosolutions Inc.

Investors who purchased shares of Emergent Biosolutions Inc (NYSE: EBS) prior to December 2015 and currently hold any NYSE: EBS shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On June 22, 2016, Emergent Biosolutions Inc announced that the U.S. government had issued two official solicitation notices indicating that it would only be purchasing 29.4 million doses of the BioThrax vaccine for its SNS over the following five years - approximately one-third less than the 44.75 million doses in the original contract and far less than the 75 million doses the Company had led the investment community to believe the U.S. government sought to purchase. Emergent Biosolutions Inc also disclosed that instead of more first-generation BioThrax anthrax vaccine, the U.S. government was seeking to procure a newer, faster-working next-generation anthrax vaccine, once one was approved, and that it was putting its supply bid for the rest of its anthrax vaccine procurement out to other companies, such that Emergent stood to lose its lucrative exclusivity.

On July 19, 2016 a lawsuit was filed against Emergent Biosolutions Inc over alleged securities laws violations. The plaintiff claims that with no reasonable basis to believe that the Company's renewal of its contract with the U.S. government would call for the same level of, much less increased, purchases of BioThrax, Emergent Biosolutions Inc claimed it remained on track to receive the lucrative renewal of its five-year exclusive anthrax vaccine procurement contract, that Emergent also repeatedly emphasized an ongoing strong demand for BioThrax in light of the U.S. government's funding of Emergent's massive expansion of its BioThrax production facility, claiming with no reasonable basis that the expansion would enable the Company to manufacture some 20 to 25 million additional doses of BioThrax annually, which the U.S. government would purchase over the following five-year period in order to build the U.S. Strategic National Stockpile ("SNS") of anthrax vaccine to 75 million doses, and that as a result of defendants' allegedly materially false and misleading statements, Emergent Biosolutions Inc common stock traded at artificially inflated prices, reaching between January 11, 2016 and June 21, 2016 high of $43.95 per share, and enabling certain of the defendants to sell their personally held shares of Emergent Biosolutions Inc common stock for proceeds of over $14.5 million.

Those who purchased Emergent Biosolutions Inc (NYSE: EBS) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.