Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class Action Lawsuit against MAKO Surgical Corporation

The Law Offices of Todd M. Garber announces that shareholders of MAKO Surgical Corporation (“MAKO” or the “Company”) (NASDAQ:MAKO) have until July 9, 2012 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Southern District of Florida against MAKO and certain of its executive officers. The lawsuit was filed on behalf of a class (the “Class”) comprising all purchasers of MAKO common stock between January 9, 2012 and May 7, 2012, inclusive (the “Class Period”).

MAKO offers its RIO Robotic Arm Interactive Orthopedic (“RIO”) system and MAKOplasty applications (collectively, the “RIO system”), which enable orthopedic surgeons to treat patient-specific osteoarthritic disease. The Complaint alleges that the Company and certain of its executive officers issued materially false and misleading statements and/or failed to disclose material adverse facts concerning MAKO’s business and financial prospects. Specifically, defendants misrepresented or failed to disclose that: (a) the Company was poised to suffer a larger first-quarter loss due to higher costs and slower sales of its RIO systems; (b) utilization rates were declining for the Company’s RIO systems; (c) the Company’s 2012 outlook, provided at the start of the Class Period, lacked a reasonable basis when made; and (d), based on the foregoing, defendants’ positive statements about the Company or its outlook lacked a reasonable basis.

If you purchased MAKO common stock between January 9, 2012 and May 7, 2012, you may move the Court no later than July 9, 2012 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time. You may retain counsel of your choice or take not action and remain an absent Class member. 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 Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Mako Surgical Corp. (MM) (NASDAQ:MAKO)
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