A deadline is coming up on November 18, 2016 in the lawsuit filed for certain investors in NASDAQ:MSON shares over alleged securities laws violations by Misonix, Inc.
Investors who purchased shares of Misonix, Inc. (NASDAQ:MSON) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
According to the complaint filed in the the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of certain purchasers of Misonix, Inc. (NASDAQ:MSON) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 5, 2015 and September 14, 2016 the defendants made false and/or misleading statements and/or failed to disclose that deficiencies existed in Misonix’s internal controls over financial reporting, and that as a result, Defendants’ statements about Misonix’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On September 14, 2016, Misonix, Inc. disclosed that the filing of its Annual Report on Form 10-K for the fiscal year ended June 30, 2016 will be delayed pending the completion of an investigation by Misonix’s Audit Committee relating to deficiencies that existed in the Misonix’s internal control over financial reporting at June 30, 2016. Shares of Misonix, Inc. (NASDAQ:MSON) declined on September 15, 2016 to as low as $4.95 per share.
On November 15, 2016, NASDAQ:MSON shares closed at $8.45 per share.
Those who purchased NASDAQ:MSON shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego