Holzer Holzer & Fistel, LLC Announces a Class Action Lawsuit Has Been Filed on Behalf of Investors in MAKO Surgical Corporation; Encourages Investors With Large Losses to Inquire About Lead Plaintiff Position

(firmenpresse) - ATLANTA, GA -- (Marketwire) -- 05/14/12 -- Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Florida on behalf of purchasers of MAKO Surgical Corporation ("MAKO" or the "Company") (NASDAQ: MAKO) who purchased shares between January 9, 2012 and May 7, 2012, inclusive (the "Class Period"). The lawsuit alleges, among other things, that MAKO knew but failed to timely disclose that it was experiencing declining sales and utilization rates for its RIO Robotic Arm Interactive Orthopedic ("RIO") system and MAKOplasty applications. On May 7, 2012, the Company announced that its first quarter 2012 results missed analysts' expectations by approximately 20 percent.
If you purchased MAKO common stock during the Class Period, you have the legal right to petition the Court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made no later than July 9, 2012. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you are a MAKO investor and would like to discuss a potential lead plaintiff appointment, or your rights and interests with respect to the lawsuit, you may contact Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at , or , or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.
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Datum: 14.05.2012 - 15:02 Uhr
Sprache: Deutsch
News-ID 146126
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