SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation of Spectranetics Corp. and Its Board of Directors in Connection with Possible Violations of Federal Securities Laws -- SPNC

Jul 30, 2015, 14:07 ET from Levi & Korsinsky, LLP

NEW YORK, July 30, 2015 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Spectranetics Corp. ("Spectranetics" or the "Company") (NASDAQ: SPNC) for possible violations of federal securities laws. The investigation concerns whether Spectranetics and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On Thursday, July 23, 2015, after the market's close, Spectranetics reported its second quarter 2015 financial results. Among other things, the Company lowered its prior revenue guidance based on the impact of competitive drug-coated balloon launches and ongoing sales team optimization. On the announcement of this news, the share price of Spectranetics stock plunged more than $8, or approximately 34%, on July 24, 2015, from the prior day's closing price of $24.83. To obtain additional information, go to:

or contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have 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.

CONTACT:     Levi & Korsinsky, LLP 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

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