Globus Medical : Levi & Korsinsky, LLP Notifies Shareholders of Globus Medical, Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of November 30, 2015 - GMED
October 08, 2015 at 10:20 am EDT
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NEW YORK, NY--(Marketwired - Oct 8, 2015) - The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Globus Medical, Inc. ("Globus Medical") (NYSE: GMED) between February 26, 2014 and August 5, 2014.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Eastern District of Pennsylvania. If you purchased or otherwise acquired Globus Medical securities between February 26, 2014 and August 5, 2014, your rights may be affected by this action. To get more information go to:
http://zlk.9nl.com/globusmedical
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 throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company's relationship with a significant distributor was deteriorating; (2) that the deterioration was negatively impacting the Company's financial performance; and (3) that, as a result of the foregoing, Defendants' statements about Globus' business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
If you suffered a loss in Globus Medical you have until November 30, 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 a 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.
Globus Medical, Inc. is a medical device company that develops and commercializes healthcare solutions with a focus on improving the quality of life of patients with musculoskeletal disorders. The Company offers a portfolio of differentiated technologies that are used to treat a variety of musculoskeletal conditions. Musculoskeletal Solutions consist primarily of implantable devices, biologics, accessories, and surgical instruments used in a range of spinal, orthopedic and neurosurgical procedures. Its spine products address the majority of conditions affecting the spine, including degenerative conditions, deformity, tumors, and trauma. It provides solutions that facilitate both open and minimally invasive surgery (MIS) techniques. It includes traditional fusion implants, such as pedicle screws and rod systems. Its orthopedic trauma solutions are designed to treat a variety of orthopedic fracture patterns and patient anatomies in the upper and lower extremities, as well as the hip.
Globus Medical : Levi & Korsinsky, LLP Notifies Shareholders of Globus Medical, Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of November 30, 2015 - GMED