SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of The Spectranetics Corporation of Pendency of Class Action La...
October 19 2015 - 12:26PM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of The
Spectranetics Corporation (“Spectranetics”) (NASDAQ:SPNC)
between February 19, 2015 and July 23, 2015.
You are hereby notified that a
securities class action lawsuit has been commenced in the USDC for
the District of Colorado. If you purchased or otherwise acquired
Spectranetics securities between February 19, 2015 and July 23,
2015, your rights may be affected by this action. To get more
information go to:
http://zlk.9nl.com/spectranetics-spnc
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. There is no cost or obligation to
you.The complaint alleges that during the class period the
Company failed to disclose that Spectranetics was being negatively
impacted by increasing competition and its sales force optimization
efforts were inadequate, such that the Company was performing below
expectations.On July 23, 2015, Spectranetics reported its financial
results for the second quarter of 2015 and lowered its prior
revenue guidance, citing increased competition from other
drug-coated balloon products as the cause.If you suffered a
loss in Spectranetics you have until October 26, 2015 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn’t require that you serve as lead
plaintiff.
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.
Levi & Korsinsky, LLP
Joseph E. Levi, 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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