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The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against AbbVie Inc. (ABBV)


Law Offices of Howard G. Smith reminds investors of the October
22, 2018
deadline to file a lead plaintiff motion in the class
action filed on behalf of investors that purchased AbbVie Inc. ("AbbVie"
or the "Company") (NYSE: ABBV)
securities between October 25, 2013 and September 18, 2018, inclusive
(the "Class Period"). AbbVie investors have until November 20,
to file a lead plaintiff motion.

Investors suffering losses on their AbbVie investments are encouraged to
contact the Law Offices of Howard G. Smith to discuss their legal rights
in this class action at 888-638-4847 or by email to

On September 18, 2018, California insurance regulators announced that
they were suing AbbVie, alleging that the Company provided illegal
kickbacks to health care providers while promoting Humira. On this news,
AbbVie's share price fell $2.76 per share, or almost 3%, to close at
$92.61 per share on September 18, 2018, thereby injuring investors.

The Complaint filed in this class action alleges that throughout the
Class Period, Defendants made materially false and/or misleading
statements and/or failed to disclose that: (1) AbbVie's strategy to
increase the sales growth of its blockbuster drug, HUMIRA, was through
illegal kickbacks and unlawful sales and marketing tactics; (2) such
practices would lead to heightened scrutiny by State governments and
agencies; and (3) as a result, Defendants' public statements were
materially false and misleading at all relevant times.

If you purchased shares of AbbVie during the Class Period you may move
the Court no later than November 20, 2018 to ask the Court
to appoint you as lead plaintiff. To be a member of the Class you need
not take any action at this time; you may retain counsel of your choice
or take no action and remain an absent member of the Class. If you wish
to learn more about this action, or if you have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania
19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by
email to,
or visit our website at

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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