NEW YORK, Nov. 19, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Globus Medical, Inc. (“Globus Medical”) (NYSE:GMED) between February 26, 2014 and August 5, 2014.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Eastern District of Pennsylvania. If you purchased or otherwise acquired Globus Medical securities between February 26, 2014 and August 5, 2014, your rights may be affected by this action. To get more information go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company’s relationship with a significant distributor was deteriorating; (2) that the deterioration was negatively impacting the Company’s financial performance; and (3) that, as a result of the foregoing, Defendants’ statements about Globus’ business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
If you suffered a loss in Globus Medical you have until November 30, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
Source:Levi & Korsinsky, LLP