An investigation for investors in NASDAQ:MASI shares over potential securities laws violations by Masimo and certain of its directors and officers was announced.
Investors who purchased shares of Masimo Corporation (NASDAQ:MASI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Masimo regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Masimo Corporation reported that its Total Revenue rose from $547.25 million for the 52 weeks period that ended on December 28, 2013 to $630.11 million for the 52 weeks period that ended on January 1, 2016 and that its Net Income increased from $58.38 million to $83.30 million.
Shares of (NASDAQ:MASI) grew from $20.99 per share in September 2014 to $53.55 per share on June 9, 2016.
On July 21, 2016, NASDAQ:MASI shares closed at $52.42 per share.
Those who purchased NASDAQ:MASI shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com