OWC Pharmaceutical Research Corp (OWCP)

[stockfan100]

Total BS...There no mention of OWCP in this generic harvard post. Still looking for a real DD on this board that shows company got Wells Notice!

There is NONE!

From Harvard

"On January 22, 2016, the Southern District of New York dismissed In re Lions Gate Entertainment Corp. Securities Litigation, a shareholder class action against the movie studio Lions Gate. The district court held that there is no general obligation under the federal securities laws to disclose to investors an ongoing SEC investigation or even the receipt of a Wells Notice and that these developments were not per se material to investors...

Therefore, the court held, “the defendants did not have a duty to disclose the SEC investigation and Wells Notices because the securities laws do not impose an obligation on a company to predict the outcome of investigations."

https://corpgov.law.harvard.edu/2016/04/09/do-you-have-to-disclose-a-government-investigation/