BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 18, 2016 deadline to file a lead plaintiff motion in the class action lawsuit filed on behalf of investors who purchased or otherwise acquired Misonix, Inc. (“Misonix” or the “Company”) (NASDAQ: MSON) securities between November 5, 2015 and September 14, 2016, inclusive (the “Class Period”). Misonix investors have until November 18, 2016 to file a lead plaintiff motion.
According to the complaint filed in this lawsuit, throughout the Class Period Misonix made false and/or misleading statements and/or failed to disclose that deficiencies existed in Misonix’s internal controls over financial reporting; and (2) as a result, Defendants’ statements about Misonix’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. To date, the Company has not yet concluded its investigation into alleged violations of the Foreign Corrupt Practices Act, and accordingly cannot file its Annual Report or Quarterly Report within the appropriate time. And, the Company has further disclosed that its NASDAQ listing may be revoked.
If you purchased Misonix shares, you may move the Court no later than November 18, 2016 to request appointment as lead plaintiff. 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 if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at http://www.howardsmithlaw.com.
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