Holzer Holzer & Fistel, LLC Announces a Class Action Lawsuit Has Been Filed on Behalf of Investors in MAKO Surgical Corporati...
May 14 2012 - 11:02AM
Marketwired
Holzer Holzer & Fistel, LLC announces that a class action
lawsuit has been filed in the United States District Court for the
Southern District of Florida on behalf of purchasers of MAKO
Surgical Corporation ("MAKO" or the "Company") (NASDAQ: MAKO) who
purchased shares between January 9, 2012 and May 7, 2012, inclusive
(the "Class Period"). The lawsuit alleges, among other things, that
MAKO knew but failed to timely disclose that it was experiencing
declining sales and utilization rates for its RIO Robotic Arm
Interactive Orthopedic ("RIO") system and MAKOplasty applications.
On May 7, 2012, the Company announced that its first quarter 2012
results missed analysts' expectations by approximately 20 percent.
If you purchased MAKO common stock during the Class Period, you
have the legal right to petition the Court to be appointed a "lead
plaintiff." A lead plaintiff is a representative party that acts on
behalf of other class members in directing the litigation. Any such
request must satisfy certain criteria and be made no later than
July 9, 2012. Any member of the purported class may move the Court
to serve as lead plaintiff through counsel of their choice, or may
choose to do nothing and remain an absent class member. If you are
a MAKO investor and would like to discuss a potential lead
plaintiff appointment, or your rights and interests with respect to
the lawsuit, you may contact Michael I. Fistel, Jr., Esq., or
Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or
mdees@holzerlaw.com, or via toll-free telephone at (888)
508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm
that dedicates its practice to vigorous representation of
shareholders and investors in litigation nationwide, including
shareholder class action and derivative litigation. More
information about the firm is available through its website,
www.holzerlaw.com and upon request from the firm. Holzer Holzer
& Fistel, LLC has paid for the dissemination of this
promotional communication, and Michael I. Fistel, Jr. is the
attorney responsible for its content.
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