Law Offices of Howard G. Smith Announces Class Action Lawsuit Against CardioNet, Inc.

Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all persons or entities who purchased the common stock of CardioNet, Inc. (“CardioNet” or the “Company”) (Nasdaq:BEAT) between April 30, 2009 and June 30, 2009, inclusive (the “Class Period”). The class action lawsuit was filed in the United States District Court for the Eastern District of Pennsylvania.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning CardioNet’s business and prospects, thereby artificially inflating the price of CardioNet securities.

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. If you purchased CardioNet, Inc. common stock between April 30, 2009 and June 30, 2009, you have certain rights, and have until October 26, 2009, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice 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, by email to howardsmith@howardsmithlaw.com or visit our website at www.howardsmithlaw.com.

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