Lundin Law investigating claims against Dr. Reddy’s about financial performance

The investigation is related to allegations that certain statements issued by Dr. Reddy's were false and misleading concerning the Company's financial performance, says report.

Lundin Law, a Los Angeles-based law firm specializing in securities litigations reportedly said it is investigating claims against Dr. Reddy's Laboratories concerning possible violations of federal securities laws. 

The investigation is related to allegations that certain statements issued by Dr. Reddy's were false and misleading concerning the Company's financial performance, says report.

Lundin Law pointed to the November 6 announcement of Dr. Reddy's related to three warning letters from the US FDA over inadequate quality control procedures at its three units in India.