SHAREHOLDER NOTICE: Rosen Law Firm Reminds Cardiovascular Systems Inc. Investors of Important Deadline in Class Action Filed ...
February 22 2016 - 5:52PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Cardiovascular Systems Inc. securities (NASDAQ:CSII)
from September 12, 2011 through January 21, 2016, both dates
inclusive (the “Class Period”) of the important April 12, 2016 lead
plaintiff deadline in the class action filed by the firm. 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. Attorney advertising. Prior
results do not guarantee a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160222006667/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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