LOS ANGELES, June 14, 2017 /PRNewswire/ -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Mazor Robotics Ltd. ("Mazor" or the "Company") (Nasdaq: MZOR) for possible violations of federal securities laws between November 8, 2016 and June 8, 2017 inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the August 8, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or e-mail him at firstname.lastname@example.org.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, Mazor made false and misleading statements and/or failed to disclose: that the Company was engaged in conduct that subjected it to Israeli Securities Authority ("ISA") investigation; that Mazor was exposed to potential liability; and that as a result of the above, the Company's statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On June 8, 2017, Mazor disclosed that in May 2017, the ISA searched its offices and questioned certain officers in connection with an investigation. When this news was released, the Company's stock price decreased materially, which harmed investors according to the Complaint.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Lundin Law PC