The Rosen Law Firm Announces Investigation of Securities Claims Against Orthofix International N.V.
The Rosen Law Firm Announces Investigation of Securities Claims Against Orthofix International N.V. - OFIX
NEW YORK--(BUSINESS WIRE)-- The Rosen Law Firm, P.A. announces that it is investigating potential securities claims against Orthofix International N.V. (NAS: OFIX) resulting from allegations that the Company may have issued materially inaccurate statements about the Company's true financial condition and prospects.
On July 29, 2013, Orthofix announced that it is delaying the release of its financial results for the second quarter of 2013. The Company also announced that additional time is required to review issues concerning revenue recognition for prior periods by the Company's Audit Committee. As a result, the Company does not anticipate timely filing its quarterly report on Form 10-Q for the quarter ended June 30, 2013 by the August 9, 2013 deadline. This news caused Orthofix shares to lose over 16% of its value on July 30, 2013.
The Rosen Law Firm is preparing a securities class action lawsuit on behalf of Orthofix investors. If you purchased Orthofix stock prior to July 29, 2013 please visit the website at http://www.rosenlegal.com to join the class action. You may also contact Phillip Kim, Esq. or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
KEYWORDS: United States North America New York
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The article The Rosen Law Firm Announces Investigation of Securities Claims Against Orthofix International N.V. - OFIX originally appeared on Fool.com.
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