NATUS NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Natus Me...
April 15 2016 - 8:18PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities law
firm, is investigating potential securities fraud at Natus Medical
Inc. (“Natus” or the “Company”) (NASDAQ:BABY).
The investigation focuses on whether the Company and its
executives violated federal securities laws by failing to disclose
the risk of unfulfilled payments from its contract with Venezuela’s
Ministry of Health leading to a material decline in the Company’s
revenues and profitability.
Specifically, on April 4, 2016, the Company announced
lower-than-expected preliminary 2016 first quarter revenue of about
$87.5 million, lower than its previous guidance of $91.5 million to
$92.5 million, and below analysts’ expectations. The Company cited
the previously unexpected cancellation of key government supply
contracts as a reason for the disappointing results.
Request more information now by clicking here:
www.faruqilaw.com/BABY. There is no cost or obligation to
you.
Take Action
If you invested in Natus stock or options and would like to
discuss your legal rights, visit www.faruqilaw.com/BABY. You can
also contact us by calling Richard Gonnello toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to
rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages
anyone with information regarding Natus’s conduct to contact the
firm, including whistleblowers, former employees, shareholders and
others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with
respect to any future matter. We welcome the opportunity to discuss
your particular case. All communications will be treated in a
confidential manner.
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FARUQI & FARUQI, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Richard Gonnello, Esq.rgonnello@faruqilaw.comTelephone:
(877) 247-4292 or (212) 983-9330
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