Law Offices of Howard G. Smith reminds investors of the upcoming October 26, 2015 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased The Spectranetics Corporation (“Spectranetics” or the “Company”) (Nasdaq: SPNC) securities between February 19, 2015 and July 23, 2015, inclusive (the “Class Period”). Investors who suffered losses on their investment in Spectranetics securities are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights.

Spectranetics develops, manufactures, markets, and distributes medical devices used in minimally invasive procedures within the cardiovascular system. The Complaint alleges that defendants misled investors regarding increasing competition; that the Company’s sales force optimization efforts were inadequate; and that the Company was experiencing poor financial performance.

On April 23, 2015, the Company reported disappointing earnings results and lowered its forecasts for the rest of the year. The Company attributed much of the lowered forecast to increased competition from other drug-coated balloon products. Following this news, shares of Spectranetics declined $8.18 per share, over 23%, to close on April 24, 2015, at $26.52 per share, on unusually heavy volume.

On July 23, 2015, the Company lowered revenue guidance for the remainder of 2015. According to the Company, competitive pressure from the rapid adoption of drug-coated balloons and ongoing sales force optimization efforts were causing its AngioSculpt franchise to perform below expectations. On this news, shares of Spectranetics declined $8.53 per share, over 34%, to close on July 24, 2015, at $16.30 per share, on unusually heavy volume.

If you purchased shares of Spectranetics during the Class Period you may move the Court no later than October 26, 2015 to request appointment as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com

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