NEW YORK, April 27, 2015 /PRNewswire/ -- Harwood
Feffer LLP (www.hfesq.com) is investigating potential claims
against the board of directors of Globus Medical, Inc. ("Globus" or
the "Company") (NYSE: GMED), concerning whether the board has
breached its fiduciary duties to shareholders.
On April 22, 2015, the Company
disclosed that its independent auditor, KPMG LLP ("KPMG"), had
declined to stand for reelection as the Company's auditor.
The press release states in part: KPMG orally notified Globus "that
upon the completion of KPMG's review of the Company's consolidated
financial statements for the quarterly reporting period ended
March 31, 2015 and the filing of the
related Quarterly Report on Form 10-Q, KPMG declines to stand for
reelection as the independent registered public accounting firm for
the Company. KPMG's decision was accepted by the audit committee of
the Company's board of directors."
Our investigation concerns whether the Company board of
directors has breached its fiduciary duties to shareholders,
grossly mismanaged the Company, and/or committed abuses of control
in connection with the foregoing.
If you own Globus shares and wish to discuss this matter with
us, or have any questions concerning your rights and interests with
regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
The law firm responsible for this advertisement is Harwood
Feffer LLP (www.hfesq.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
Logo -
http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-globus-medical-inc-300072599.html
SOURCE Harwood Feffer LLP