BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased 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.
Investors suffering losses on their Misonix investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to email@example.com.
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: (1) 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
Note: On November 10, 2016, the Company announced that it had not yet concluded its investigation into alleged violations of the Foreign Corrupt Practices Act, and accordingly would not be able to file its Annual Report or Quarterly Report within the appropriate time.
If you purchased shares of Misonix during the Class Period you may move the Court no later than November 18, 2016 to ask the Court to appoint you as lead plaintiff if you 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 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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