Merit Medical Systems, Inc. Class Action Lawsuit - MMSI

Company
Merit Medical Systems, Inc. (NASDAQ: MMSI)
Lead Plaintiff Deadline
February 3, 2020 (Expired)
Class Period
February 26, 2019 - October 30, 2019

Expired

Lead Plaintiff Deadline

Feb 3, 2020

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Allegations

(a) the integrations of acquired companies Cianna Medical, Inc. and Vascular Insights, LLC, including their products, sales people, and R&D facilities, had caused operational disruptions and reduced sales and were months behind schedule; (b) sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during FY19; and (c) in light of the foregoing, the Company’s reported financial guidance for FY19 and FY20 was made without a reasonable basis.

Eligibility

In order to be eligible to join the MMSI class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until February 3, 2020 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.

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