LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Avinger, Inc. (“Avinger” or the “Company”) (Nasdaq: AVGR).
If you purchased or otherwise acquired Avinger shares, and would like more information regarding the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at firstname.lastname@example.org.
The investigation focuses on whether Avinger and certain of its officers and/or directors violated federal securities laws. On January 30, 2015, the Company had its Initial Public Offering (“IPO”) at $13 per share. On July 12, 2016, Avinger announced second quarter revenue and lowered its sales guidance for 2016 from $25-30 million to $19-23 million, due in part to lower than anticipated sales of its Pantheris device. When this news was announced, Avinger’s stock price plunged nearly 40%, from $11.43 per share to $6.89 per share. Avinger stock has continued to decline. On May 3,2017 the stock closed at $0.57 per share, a decline of over 95% from the IPO price.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at email@example.com.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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