Levi & Korsinsky announces the filing of a class action in the USDC for the Eastern District of Pennsylvania on behalf of shareholders of Globus Medical, Inc. (NYSE: GMED) who purchased shares between February 26, 2014 and August 5, 2014.
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 Medical 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.
To receive more information, please fill out the form.