EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Cardiovascular Systems Inc. - CSII
February 12 2016 - 6:54PM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces it
has filed a class action lawsuit on behalf of purchasers of
Cardiovascular Systems Inc. securities (NASDAQ:CSII) from September
12, 2011 through January 21, 2016, both dates inclusive (the “Class
Period”). The lawsuit seeks to recover damages for Cardiovascular
Systems investors under the federal securities laws.
To join the Cardiovascular Systems class action, go to the
firm’s website at http://rosenlegal.com/cases-738.html or call
Phillip Kim, Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for more
information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE
According to the lawsuit, throughout the Class Period Defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) Cardiovascular Systems distributed illegal
kickbacks to health care providers; (2) Cardiovascular Systems
engaged in the off-label promotion of its medical devices; and (3)
Cardiovascular Systems violated FDA laws and regulations in
connection with its medical devices. As a result of the foregoing,
the Company’s public statements were materially false and
misleading at all relevant times. When the true details entered the
market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
April 12, 2016. A lead plaintiff is a representative party acting
on behalf of other class members in directing the litigation. If
you wish to join the litigation, go to the firm’s website at
http://rosenlegal.com/cases-738.html for more information. You may
also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160212005929/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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