NEW YORK, Sept. 4, 2013 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed in the United States District Court for the Southern District of California on behalf of those who purchased shares of NuVasive, Inc. ("NuVasive" or the "Company") (Nasdaq:NUVA), during the period between October 22, 2008 and July 30, 2013, inclusive (the "Class Period").
The Complaint alleges that Defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Company improperly submitted false claims to Medicare and Medicaid in violation of federal and state laws and regulations; (ii) the Company's internal compliance program was unable to detect and report False Claims Act and other violations; and (iii) as a result of the foregoing, the Company's statements were materially false and misleading at all relevant times.
If you wish to serve as lead plaintiff, you must move the Court no later than October 28, 2013. 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, or to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at firstname.lastname@example.org or email@example.com.
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