SAN DIEGO, June 5, 2019 /PRNewswire/ -- Shareholder Rights
Law Firm Johnson Fistel, LLP with the assistance of former
California Deputy Attorney General
and Special Counsel, Tiffany Johnson,
Esq., is investigating potential claims against Ra Medical
Systems, Inc. ("Ra Medical") (NYSE: RMED) for violations of federal
securities laws.
On or about September 27, 2018, Ra
Medical sold 3.9 million shares of stock in its initial public
stock offering (the "IPO"), at $17 a
share, raising $66,300,000 in new
capital. However, since the IPO, Ra Medical stock has
imploded, on June 5, 2019, the stock
closed at $3.42.
Specifically, Johnson Fistel's
investigation seeks to determine whether the Company's filings with
the U.S. Securities and Exchange Commission in connection with its
September 2018 IPO contained untrue
statements of material facts or omitted to state other facts
necessary to make the statements made therein not misleading
concerning the Company's business, and operations.
If you have information that could assist in this
investigation, including past employees and others, or if you are
an Ra Medical shareholder and are interested in learning more about
the investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonfistel.com) by email or phone at 619-814-4471. If
emailing, please include a phone number.
Additionally, you can [click here to join this
action]. There is no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a
nationally recognized shareholder rights law firm with offices in
California, New York, and Georgia. The firm represents individual and
institutional investors in shareholder derivative and securities
class action lawsuits. For more information about the firm and its
attorneys, please visit http://www.johnsonfistel.com. Attorney
advertising. Past results do not guarantee future outcomes.
Contact:
Johnson
Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[click here to join this action].
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SOURCE Johnson Fistel, LLP