Misonix, Inc. (Nasdaq: MSON)
A class action has been commenced in the United States District Court for the Eastern District of New York on behalf of purchasers of Misonix, Inc. (Nasdaq: MSON) common stock who purchased or otherwise acquired shares between November 5, 2015 through September 14, 2016, inclusive (the "Class Period").
According to the Complaint, Defendants made false and/or misleading statements and/or failed to disclose that: (1) insufficiencies existed in Misonix's internal controls over financial reporting; and (2) consequently, Defendants' statements about Misonix's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On September 14, 2016, Misonix revealed that it would delay its Annual Report filing on Form 10-K for the fiscal year ended June 30, 2016 due to the pending investigation by Misonix's Audit Committee in connection to its defects in internal control over financial reporting at June 30, 2016. Following this news, Misonix stock dropped 18.4% during trading on September 15, 2016.
If you are a current shareholder who purchased or otherwise acquired shares between November 5, 2015 through September 14, 2016, inclusive (the "Class Period"), and would like to discuss your options of exercising your rights as a shareholder, please contact us.
Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.
Please Note: Neither the submission to nor the receipt of information by The Law Offices of Marc S. Henzel or one of its attorneys through this website constitutes an agreement by the firm to represent the individual and does not create an attorney-client relationship.