Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of Cardiovascular Systems Inc. (“Cardiovascular Systems” or the “Company”) (NASDAQ: CSII) concerning the Company’s and its officers’ possible violations of federal securities laws in relation to a False Claims Act suit against the Company.

On May 9, 2015, Cardiovascular Systems revealed that it had received a letter from the U.S. Attorney’s office stating that the Company was under investigation for potential violations of the False Claims Act. Then, on July 8, 2015, the Company further revealed that it was the defendant in a whistleblower lawsuit alleging the Company engaged in a fraudulent kickback scheme, off-label promotion of its products and other violations of government regulations and laws. On October 7, 2015, CSII disclosed after trading hours that it expects revenues of $43.9 million for the fiscal first quarter, well below prior revenue guidance of between $48.5 to $50 million.

On this news the Company’s shares fell $3.01 per share, or 22%, to close on October 8, 2015 at $13.62 per share on volume of over 7 million shares.

If you purchased Cardiovascular Systems securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by e-mail please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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