Investor Alert: Former Louisiana Attorney General & Kahn Swick & Foti, LLC, Remind Investors with Large Financial Interests o...
May 14 2012 - 12:06AM
Business Wire
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until July 9, 2012 to file lead plaintiff
applications in a securities class action lawsuit against MAKO
Surgical Corp. (Nasdaq: MAKO), if they purchased the Company’s
common stock during the period between January 9, 2012 and May 7,
2012, inclusive (the "Class Period"). This action is pending in the
United States District Court for the Southern District of
Florida.
What You May Do
If you purchased shares of MAKO and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost
to you, e-mail or call KSF Managing Partner, Lewis Kahn
(lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell
phone any time at 504-301-7900, or KSF Director of Client
Relations, Neil Rothstein, Esq. (neil.rothstein@ksfcounsel.com),
toll free at 877-694-9510, or via cell phone any time at
330-860-4092. If you wish to serve as a lead plaintiff in this
class action, you must petition the Court by July 9, 2012.
About the Lawsuit
MAKO and certain of its senior executives are charged with
issuing a series of materially false and misleading statements,
during the Class Period, in violation of federal securities
laws.
On May 8, 2012, shares of MAKO declined $15.13 per share, or
nearly 37%, to close at $26.27 per share, after the Company
announced that its first quarter 2012 financial results would be
well below guidance. At that time, MAKO revealed that quarterly
revenue declined approximately 40%, sequentially, approximately 20%
below guidance.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers
with significant experience litigating complex securities class
actions nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
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