Harwood Feffer LLP Announces Investigation of Akorn, Inc.

NEW YORK, March 3, 2014 /PRNewswire/-- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Akorn, Inc. ("Akorn" or the "Company") (NASDAQ: AKRX) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.

On March 3, 2014, the Company disclosed that it is unable to timely file its Form 10-K for the year ended December 31, 2013 because it has identified control deficiencies related to "the completeness and accuracy of underlying data used in the determination of certain significant estimates and accounting transactions as well as the existence of inadequate segregation of duties."  Akorn stated that it believes these deficiencies constitute material weaknesses in its internal controls over financial reporting.

If you own Akorn shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Matthew M. Houston, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
                           (212)935-7400
Email:  bsachsmichaels@hfesq.com
Website:   http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP