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ALERE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Alere Inc. - ALR


Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a
partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces
that KSF has commenced an investigation into Alere Inc. (NYSE:ALR).

On July 11, 2016, Alere announced the recall of INRatio, one of its
premier blood testing products, from the market. However, the Company
had reportedly known of serious problems with INRatio for years but
failed to disclose that information or withdraw the product sooner, even
when, for example, it doubled the size of Quality Assurance staff to
handle the growing number of consumer complaints related to it. The
problematic INRatio tests caused inaccurate, and hence harmful, results
for consumers who relied on the test for the proper administration of
anticoagulation drugs, as well as other companies who utilized it in
their research or clinical trials.

Because of the actions of Alere executives, including but not limited to
those relating to INRatio, the Company has been exposed to an
investigation by the U.S. Attorney's Office as well as significant
litigation by both consumers and shareholders. Recently, in the
securities class action lawsuit brought by shareholders who sued Alereo
for violating federal securities laws, the Court refused to dismiss
claims relating to the INRatio recall, allowing those claims to go

KSF's investigation is focusing on whether Alere's officers and/or
directors breached their fiduciary duties to its shareholders or
otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or
have been a long-term holder of Alere shares and would like to discuss
your legal rights, you may, without obligation or cost to you, call
toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit

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