EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against ConforMIS, Inc. to Recover Investor Losses
September 9, 2015 | By Business Wire News
NEW YORK
Rosen Law Firm, a global investor rights firm, announces that a class action lawsuit has been filed on behalf of all purchasers of ConforMIS, Inc. (NASDAQ:CFMS) securities: (1) pursuant and/or traceable to the ConforMIS’s Registration Statement and Prospectus issued in connection with the ConforMIS’s initial public offering on or about July 1, 2015; and/or (2) on the open market between July 1, 2015 and August 28, 2015, both dates inclusive (the “Class Period”). The lawsuit seeks to recover investors’ losses under the federal securities laws.
To join the ConforMIS class action, visit the firm’s website at http://www.rosenlegal.com/cases-712.html, or contact Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
According to the lawsuit, Defendants issued materially false and misleading statements and/or omitted material information, including that: (1) ConforMIS’s manufacturing processes were flawed; (ii) due to the flaws in ConforMIS’s manufacturing process, a number of ConforMIS’s knee replacement product systems were defective; and (iii) as a result, ConforMIS’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you wish to serve as lead plaintiff, you must move the Court no later than November 2, 2015. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to the firm’s website at http://www.rosenlegal.com/cases-712.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150909006764/en/
The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
