Akorn stated that it believes these deficiencies constitute material weaknesses in its internal controls over financial reporting. On April 20, 2015, the Audit Committee of Akorn's Board of Directors concluded that the Company's financial statements for the quarters ending in June, September, and December 2014, as well as for the year 2014, contained errors and should not be relied on. According to the Company, an initial assessment of the impact of the accounting errors reveals that they resulted in an overstatement of net revenue of $20-35 million during 2014. Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.