LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP, representing investors of Vocera Communications, Inc. (“Vocera” or the “Company”) (NYSE:VCRA), announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of a class (the “Class”) comprising all purchasers of Vocera securities between March 28, 2012 and May 3, 2013, inclusive (the “Class Period”), including purchasers of Vocera common stock pursuant and/or traceable to the registration statement issued in connection with the Company’s initial public offering commencing March 28, 2012.
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE CONTACT US TOLL-FREE AT (888) 773-9224, OR AT (212) 682-5340, OR BY EMAIL TO SHAREHOLDERS@GLANCYLAW.COM TO DISCUSS THIS MATTER. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
Vocera is a provider of mobile communication solutions to healthcare and non-healthcare markets and offers software applications, hands-free wearable voice-controlled communication badges and smartphones, in addition to consulting, training and technical support services. The Complaint alleges that during the Class Period the Company issued false and/or misleading statements and/or failed to disclose: (1) the extent of adverse impact that healthcare reform was having on the sales of the Company’s communication products to hospitals; and (2) the extent of adverse impact that the federal budget sequestration was having on sales of the Company’s communication products to government hospitals.
On May 2, 2013, after the markets closed, Vocera announced financial results for the first quarter of 2013 that were significantly below analysts’ expectations and previously issued guidance. The Company also sharply reduced its previous revenue guidance for full-year 2013 -- from a range of $120 million to $130 million, to between $100 million and $110 million -- and reduced its guidance for non-GAAP earnings per share.
If you are a member of the Class described above you may move the Court no later than September 30, 2013 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 no action and remain an absent member of the Class.
If you wish to learn more about this action or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to email@example.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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