EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Spectranetics Corporation – SPNC
October 22 2015 - 10:46PM
Rosen Law Firm, a global investor rights law firm, announces that a
class action lawsuit has been filed on behalf of purchasers of
Spectranetics Corporation (NASDAQ:SPNC) securities from February
19, 2015 through July 23, 2015, all dates inclusive (the “Class
Period”). The lawsuit seeks to recover damages for Spectranetics
investors under the federal securities laws.
To join the Spectranetics class action, go to the
firm’s website at http://www.rosenlegal.com/cases-708.html or call
Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for information
on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
According to the lawsuit, Spectranetics made false
and/or misleading statements and/or failed to disclose to investors
that: (1) Spectranetics was being adversely affected by heightening
competition; (2) Spectranetics’ sales force optimization efforts
were inadequate; (3) therefore, Spectranetics was failing to meet
expectations; (4) Spectranetics lacked sufficient internal
controls; and (5) consequently, Defendants’ statements about
Spectranetics’ business, operations and prospects were false and
misleading and/or lacked a reasonable basis. When the true details
entered the market, the lawsuit claims that investors suffered
damages.
A class action lawsuit has already been filed.
If you wish to serve as lead plaintiff, you must move the Court no
later than October 26, 2015. If you wish to join the litigation, go
to the firm’s website at http://www.rosenlegal.com/cases-708.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout
the globe, concentrating its practice in securities class actions
and shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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