NEW YORK, Oct. 31, 2016 /PRNewswire/ -- Levi & Korsinsky, LLP announces that it has commenced an investigation of Trinity Biotech plc ("Trinity" or the "Company") (NASDAQ: TRIB) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.

Protecting the Rights of Shareholders.

On October 4, 2016, Trinity revealed that it was withdrawing its 510(k) premarket notification submission for the Meritas Troponin-I Test and Meritas Point-of-Care Analyzer, following the U.S. Food and Drug Administration's advice. Trinity also said it would decrease its spending by roughly 85%, to $1.5 million from $9 million each year, and that it would close its Swedish facility, eliminating 40 jobs. Following this news, Trinity stock dropped $6.53 per share, more than 50 percent, to close at $6.46 on October 4, 2016. To obtain additional information about the investigation, go to:

http://zlk.9nl.com/trinity-biotech-trib

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
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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SOURCE Levi & Korsinsky, LLP

Copyright 2016 PR Newswire

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