RE: RE: RE: CLASS ACTION AGAINST thPuppy - You can have these news releases delivered to your e-mail by visiting TH's website. That way you are not last to know. This was delivered to mine four hours ago.
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Theratechnologies receives a motion of authorization to institute a class action
Montréal, Canada – July 26, 2010 - Theratechnologies (TSX:TH) announced today that it has received from 121851 Canada Inc.,formerly a shareholder of the Company, a motion of authorization toinstitute a class action against the Company and certainof its executive officers. This motion was filed in the Superior Courtof Quebec, district of Montreal. This person intends to initiate a classaction to represent the class of persons who were shareholders at May21, 2010 and who sold their common shares ofthe Company on May 25 or 26, 2010. This person alleges thatTheratechnologies did not comply with its continuous disclosureobligations as a reporting issuer by failing to disclose a materialchange. Theratechnologies is of the view that the allegations containedin the motion are frivolous and entirely without merit and intends totake all appropriate actions to vigorously defend its position.