August 5th Deadline Alert: Law Offices of Howard G. Smith Reminds Investors of Deadline in the Class Action Lawsuit Against N...
August 04 2016 - 10:30AM
Business Wire
Law Offices of Howard G. Smith reminds investors of the
upcoming August 5, 2016 deadline to file a lead
plaintiff motion in the class action filed on behalf of a class
(the “Class”) of investors who purchased Neovasc Inc. (“Neovasc” or
the “Company”) (NASDAQ: NVCN) securities between January 26,
2016 and May 19, 2016, inclusive (the “Class Period”). Neovasc
investors have until August 5, 2016 to file a lead
plaintiff motion.
The Complaint alleges that, throughout the Class Period,
Defendants made false and/or misleading statements, as well as
failed to disclose material adverse facts about Neovasc's business,
operations, and prospects. Specifically, Defendants made false
and/or misleading statements and/or failed to disclose: (1)
Neovasc's Tiara device was advanced through dishonest business
practices, including the embezzlement of trade secrets from another
company; (2) that there was a related and legitimate lawsuit
against Neovasc regarding the misappropriation of trades secrets;
and (3) consequentially, Defendants' statements about Neovasc's
business, operations, and prospects were materially false and
misleading at relevant times. Following this information entering
the market, investors suffered damages.
If you purchased Neovasc shares, you may move the Court no later
than August 5, 2016 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160804005519/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
Neovasc (NASDAQ:NVCN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Neovasc (NASDAQ:NVCN)
Historical Stock Chart
From Sep 2023 to Sep 2024