EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims Against Globus Medical, Inc. -- GMED
May 20 2015 - 12:27PM
Business Wire
The Rosen Law Firm announces that it is investigating potential
civil securities claims against Globus Medical, Inc. (NYSE: GMED).
On April 22, 2015, Globus Medical announced that its auditors, KPMG
LLP, had declined to stand for reelection as auditor of the
Company’s financial statements. Globus Medical stated in relevant
part, “[o]n April 16, 2015, KPMG LLP ("KPMG") orally notified
Globus Medical, Inc. (the "Company") 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.” On this
news, shares of Globus Medical fell on April 23, 2015, as much as
$1.33 per share during intraday trading, on unusually high
volume.
If you purchased shares of Globus Medical prior to April 23,
2015, please visit the firm’s website at
http://www.rosenlegal.com/cases-621.html for more information. You
may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20150520006182/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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