UPCOMING DEADLINE: Levi & Korsinsky, LLP Announces Class Action Against Orthofix International N.V.

Before you go, we thought you'd like these...
Before you go close icon

UPCOMING DEADLINE: Levi & Korsinsky, LLP Announces Class Action Against Orthofix International N.V. and Its Board of Directors and a Lead Plaintiff Deadline of October 14, 2013 -- OFIX

NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Orthofix International N.V. ("Orthofix" or the "Company") (NasdaqGS: OFIX) securities during the period between May 5, 2011 and July 29, 2013.

For more information, click here: http://zlk.9nl.com/orthofix-international/.


The complaint alleges that the Company issued false and misleading statements about the Company's financial condition and prospects. On July 29, 2013, Orthofix issued a press release announcing, among other things, that it was delaying the release of its financial results for the second quarter of 2013 and that additional time was needed to review matters relating to revenue recognition for prior periods. In response to this announcement the price of Orthofix shares declined from $27.40 per share prior to the announcement to $22.71 per share on July 30, 2013. Then, on August 6, 2013, Orthofix issued a press release announcing that it would restate its financial statements for fiscal years 2011 and 2012 and the first quarter of 2013.

If you suffered a loss in Orthofix you have until October 14, 2013 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/orthofix-international/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.



Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

KEYWORDS:   United States  North America  New York  Pennsylvania

INDUSTRY KEYWORDS:

The article UPCOMING DEADLINE: Levi & Korsinsky, LLP Announces Class Action Against Orthofix International N.V. and Its Board of Directors and a Lead Plaintiff Deadline of October 14, 2013 -- OFIX originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners