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Pharma Investments, Ventures & Law Weekly

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Hagens Berman Sobol Shapiro



Hagens Berman Sobol Shapiro: Class Action Filed Against Spectranetics



November 16th, 2008

Hagens Berman Sobol Shapiro filed a class-action lawsuit on behalf of those who purchased Spectranetics Company stock (NASDAQ:SPNC), claiming the company, its chief executive officer and chief financial officer violated U.S. securities laws through illegal marketing practices and false statements about the company's financial health. If you are interested in serving as lead plaintiff, the deadline for filing is Nov. 24, 2008.

Last week, Spectranetics announced the appointment of chairman Emile J. Geisenheimer to president and CEO, ousting John G. Schulte, a named defendant in the class action suit. Geisenheimer issued a statement that he has an "understanding of the...


Source: Pharma Investments, Ventures & Law Weekly (2008-11-16)

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