SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Mazor Robotics Ltd. and Reminds Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 20, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Mazor Robotics Ltd. (“Mazor” or the “Company”) (NASDAQ: MZOR) for possible violations of federal securities laws from November 8, 2016 through June 8, 2017, inclusive (the “Class Period”). Investors, who purchased or otherwise acquired Mazor shares during the Class Period, should contact the firm prior to the August 8, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, Mazor made false and misleading statements and/or failed to disclose: that the Company engaged in conduct that subjected it to investigation by the Israeli Securities Authority (“ISA”); that Mazor was exposed to potential liability; and that as a result of the above, the Company’s statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. On June 8, 2017, Mazor disclosed that in May 2017, the ISA searched its offices and questioned certain officers in connection with an investigation. When this news reached the public, the Company’s stock price decreased materially, which harmed investors according to the Complaint.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may constitute Attorney Advertising in certain jurisdictions under the applicable law and rules of ethics.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
SOURCE: Lundin Law PC
ReleaseID: 469127