BigClassActions.com
Advertisement

AtriCure, Inc ATRC Securities Stock Fraud

- by

Company: AtriCure, Inc
Ticker Symbol: ATRC
Class Period: May-10-07 to Oct-31-08
Date Filed: Dec-12-08
Lead Plaintiff Deadline: Feb-10-09
Court: Southern District of Ohio
Allegations:
A class action lawsuit was filed on Friday, December 12, 2008 in the United States District Court for the Southern District of Ohio, on behalf of investors who purchased the common stock of AtriCure, Inc. ("Company") (Nasdaq:ATRC) between May 10, 2007 and October 31, 2008, inclusive (the "Class Period").

The complaint charges AtriCure and certain of its officers with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by failing to disclose that AtriCure misrepresented its profitability by, among other things, illegally promoting its products contrary to FDA regulations and filing false claims for Medicare reimbursement. The complaint alleges that defendants issued a series of materially false and misleading statements and SEC filings concerning the Company's operations, finances and performance and that the price of AtriCure common stock to investors was artificially inflated during the Class Period.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

AtriCure, Inc ATRC Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible AtriCure, Inc securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

Maybe it's your stockbroker

Add Your Comment on This Issue

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Request Legal Help