IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Unilife Corporation (UNIS) and Reminds Investors with Losses to Contact the Firm

IRVINE, Calif.--(BUSINESS WIRE)--

Khang & Khang LLP (the "Firm") announces that a class action lawsuit has been filed against Unilife Corporation ("Unilife" or the "Company") (Nasdaq: UNIS). Investors who purchased or otherwise acquired shares between February 3, 2014 and May 23, 2016 inclusive (the "Class Period"), are encouraged to contact the Firm prior to the July 25, 2016 lead plaintiff motion deadline.

If you purchased shares of Unilife during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, the Company made false and misleading statements and/or failed to disclose that: the Company's former Chief Executive Officer ("CEO") and former Chairman of the Board of Directors had violated the Company's policies and procedures and had engaged in violations of law and regulation; the Company lacked adequate internal controls over accounting and financial reporting; as a result of the above Unilife could not file its Quarterly Report on Form 10-Q by the filing deadline. Upon release of this news, the Company's stock price fell by about 8.1%.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

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