NEW YORK, Oct. 23, 2015 /PRNewswire/ --
Cardiovascular Systems Inc. (CSII)
Lifshitz & Miller announces investigation into possible
breaches of fiduciary duties by the board of CSII.
Specifically, on May 8, 2014, the
Company received a letter from the U.S. Attorney's Office for the
W.D.N.C. stating that CSII is being investigated for possible
violations of the False Claims Act. On July
8, 2015, CSII further revealed that a whistleblower lawsuit
had been unsealed alleging that CSII engaged in a fraudulent
marketing scheme to maximize profits through illegal kickbacks.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
Donaldson Company, Inc. (DCI)
Lifshitz & Miller announces investigation into possible
breaches of fiduciary duties by the board of DCI.
Specifically, on September 29, 2015,
DCI announced that it was temporarily unable to file its annual
report, after receiving reports from two former employees that
revenue for a project in the European Gas Turbine Products business
was improperly recognized in the second quarter of fiscal year
2015. An internal investigation by the company has verified
the substance of the report and identified additional revenue
transactions involving the same improper practices. There is
also an indication that there may have been purposeful deferring of
certain charges from suppliers to later time periods than
appropriate.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
Navient Corporation (NAVI)
Lifshitz & Miller announces investigation into possible
breaches of fiduciary duties by the board of NAVI.
Specifically, on August 24, 2015,
NAVI announced that its subsidiary received notice that the
Consumer Financial Protection Bureau ("CFPB") may take legal action
over NAVI's disclosures and assessment of late fees. The CFPB
may seek restitution, civil monetary penalties and corrective
action against NAVI.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
Super Micro Computer, Inc. (SMCI)
Lifshitz & Miller announces investigation into possible
breaches of fiduciary duties by the board of SMCI.
Specifically, on August 31, 2015, the
Company disclosed that it had "recently discovered certain
irregularities regarding certain marketing expenses and additional
time is required for [the Company] to complete its investigation of
the matter."
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
Sientra, Inc. (SIEN)
Lifshitz & Miller announces investigation into possible
breaches of fiduciary duties by the board of SIEN.
Specifically, on September 24, 2015,
the Company announced that the United
Kingdom's Medicines and Healthcare Products Regulatory
Agency suspended sales of Silimed products after an audit of
Silimed's manufacturing processes revealed contamination in
Silimed's Rio de Janeiro
manufacturing plant, the value of Sientra shares declined
significantly.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
ATTORNEY ADVERTISING. © 2015 Lifshitz &
Miller. The law firm responsible for this advertisement is
Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516)
493-9780. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz,
Esq.
Lifshitz & Miller
Phone: 516-493-9780
Facsimile:
516-280-7376
Email: info@jlclasslaw.com
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