ZELTIQ Aesthetics, Inc. (ZLTQ) Investor Lawsuit Over Alleged False and Misleading Statements Announced by Shareholders Foundation
(firmenpresse) - SAN DIEGO, CA -- (Marketwire) -- 03/19/12 -- The Shareholders Foundation, Inc. announces that a lawsuit was filed on behalf of certain investors in ZELTIQ Aesthetics, Inc. (ZLTQ) shares against ZELTIQ Aesthetics, Inc. and certain of its officers and directors over alleged false and misleading statements made in its IPO.
Investors with a substantial investment in ZELTIQ Aesthetics, Inc. (ZLTQ) shares made pursuant and/or traceable to its initial public offering in October 2011 have certain options and should contact the Shareholders Foundation by e-mail at or call +1 (858) 779-1554.
According to the complaint the plaintiff alleges that defendants violated the Securities Exchange Act of 1933 by allegedly making false and misleading statements in the registration statement and prospectus for its IPO.
ZELTIQ Aesthetics, Inc. went public in October 2011, which raised $89.3 million, at $13 a share.
On March 6, 2012, ZELTIQ Aesthetics, Inc. announced its financial results for the quarter and year ended December 31, 2011 and provided its guidance for 2012. Among other things, ZELTIQ Aesthetics issued its Fiscal Year 2012 Revenue guidance, which is below Analysts' Estimates.
Following the announcement shares of ZELTIQ Aesthetics, Inc. (ZLTQ) dropped from $11.11 on March 5, 2012 to as low as $5.64 on March 8, 2012 and closed on Friday, March 16, 2012 at $6.65 per share.
Those who purchased ZELTIQ Aesthetics, Inc. (ZLTQ) shares have certain options and should contact the Shareholders Foundation.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Trevor Allen
+1 (858) 779-1554
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
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Datum: 19.03.2012 - 13:35 Uhr
Sprache: Deutsch
News-ID 126036
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Legal
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