BOSTON, Sept. 15, 2016 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Misonix, Inc. ("Misonix" or the "Company") (NASDAQ: MSON) and certain of its officers and directors violated federal securities laws following the news that the Company would be unable to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2016 within the 15 day extension period provided in Rule 12b-25(b) under the Securities Exchange Act of 1934.
Shares in Misonix plunged approximately nearly 20% on September 15, 2016, trading at a rate of over twenty times the stock's average volume, and continue to drop after the Company announced that the Audit Committee of the Company has determined that deficiencies existed in the Company's internal control over financial reporting at June 30, 2016. This news and the resultant stock drop has caused losses of millions of dollars to investors.
If you have recently purchased or otherwise acquired Misonix securities and have questions about your legal rights or possess information relevant to this investigation, please contact attorneys Bradley Vettraino or Steven P. Harte at (617) 398-5600 or by email at email@example.com or firstname.lastname@example.org. Confidentiality to whistleblowers or others with information relevant to the lawsuit is assured. Shareholders may also visit www.blockesq.com/misonix for more information.
Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 70 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.
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SOURCE Block & Leviton LLP