Charles River Laboratories International, Inc.: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

/EIN News/ -- LOS ANGELES, June 06, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Charles River Laboratories International, Inc. (“Charles River” or the “Company”) (NYSE: CRL) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Consensus Cloud Solutions that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

Charles River announced on February 22, 2023, that it had received a subpoena from the Justice Department concerning an ongoing investigation into the illegal importation and supply chain of nonhuman primates for research. In response, the company has voluntarily ceased shipping primates from Cambodia. However, this decision is expected to have negative impacts on its earnings this year and reduce revenue growth by 200 to 400 basis points. As a result, Charles Rivers' stock price fell by 10%, or $24.51, closing at $219.09 per share on February 22, 2023, causing harm to investors.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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