NewsBlaze logo
Newsletter logo   Search News     Daily News   
web2.0 logo   win logo
Published:

Law Offices of Howard G. Smith Announces 24 Days Remaining to Move to Be a Lead Plaintiff in the Shareholder Lawsuit Against Inverness Medical Innovations, Inc.


BENSALEM, Pa., May 16 /PRNewswire/ -- Law Offices of Howard G. Smith announces a June 9, 2008, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons who purchased or otherwise acquired the common stock of Inverness Medical Innovations, Inc. ("Inverness Medical" or the "Company") (Amex: IMA) in the Company's secondary public offering on or about November 14, 2007 (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the District ofMassachusetts.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market in connection with the secondary public offering, concerning significant and severe integration issues that the Company was then experiencing which were then impacting the Company's continuing operations, thereby artificially inflating the price of Inverness Medical stock.

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. If you purchased Inverness Medical common stock in the Company's secondary public offering on or about November 14, 2007, you have certain rights, and have until June 9, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice 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, by email to howardsmithlaw@hotmail.com or visit our website at http://www.howardsmithlaw.com.

SOURCE Law Offices of Howard G. Smith

Tags: Healthcare, Pharmaceuticals, Legal, Law and Lawyers, pennsylvania
   _   _

  care2 logo   digg logo   newsfeeder logo   netscape logo  
Is your favorite bookmark site missing? Ask for it.
marker


Sponsor Links:
Writers Wanted
Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer
Relevant Sites:

NewsBlaze 

Copyright © 2004-2008 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy       Support    Press Room