LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC (the “Firm”) announces a class action lawsuit has been filed against Misonix, Inc. (“Misonix” or the “Company”) (Nasdaq: MSON) concerning possible violations of federal securities laws. Investors who purchased or otherwise acquired shares between November 5, 2015 and September 14, 2016 (the “Class Period”) are encouraged to contact the Firm before the November 18, 2016 lead plaintiff motion deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, Misonix made false and/or misleading statements and/or failed to disclose: that deficiencies existed in the Company’s internal controls over financial reporting; and that the Company’s statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On September 14, 2016, Misonix revealed that it will postpone filing its Annual Report on Form 10-K for the fiscal year ending June 30, 2016 due to the pending investigation by its Audit Committee in connection with defects in internal control over financial reporting at June 30, 2016. When this information was disclosed to the public, shares of Misonix dropped in value, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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