ICON Public Limited Company (NASDAQ: ICLR)

This investigation is for anyone who acquired securities in ICON Public Limited Company (NASDAQ: ICLR) prior to October 23, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors of significant headwinds with two of the Company’s larger customers that would have a material negative affect on the Company’s revenue.

On October 23, 2024, Icon released its third quarter 2024 financial results, missing consensus estimates “due to specific customer and division-level impacts” including “material headwinds from two large customers undergoing budget cuts and changes in their development model, lower than anticipated vaccine-related activity, and ongoing cautiousness from biotech customers resulting in award and study delays.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in ICON Public Limited Company (NASDAQ: ICLR) prior to October 23, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.