INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Psychemedics Corporation -- PMD

NEW YORK, Feb. 1, 2017 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of Psychemedics Corporation (NASDAQ: PMD) concerning possible violations of federal securities laws.

On January 31, 2017, it was revealed that Psychemedics' local representative in Brazil, was ordered to compensate Omega Laboratories, Inc. USA for losses caused by anticompetitive practices. Following this news, Psychemedics stock was down more than 40% on intraday trading on January 31, 2017. To obtain additional information, go to:

http://zlk.9nl.com/psychemedics-pmd

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004           
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com 

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SOURCE Levi & Korsinsky, LLP