Shalov Stone Bonner & Rocco LLP Announces Class Action Against Hansen Medical, Inc.
20 11월 2009 - 6:11AM
Marketwired
Shalov Stone Bonner & Rocco LLP announces that a class action
lawsuit has been filed on behalf of purchasers of the common stock
of Hansen Medical, Inc. ("Hansen" or the "Company") (NASDAQ: HNSN)
between May 1, 2008 and October 18, 2009, inclusive (the "Class
Period"). The lawsuit is pending in the United States District
Court for the Northern District of California against Hansen and
certain of its officers and directors.
According to the complaint, defendants made false and misleading
statements concerning Hansen's financial results and its compliance
with Generally Accepted Accounting Principles ("GAAP"). The
complaint specifically alleges that the statements were false and
misleading because Hansen improperly recognized revenue associated
with the sale of its Sensei system, a robotic navigation system
that is used to place mapping catheters in the heart. As a result
of defendants' false and misleading statements, during the Class
Period the Company's stock traded at artificially inflated
levels.
The complaint further alleges that after Hansen received a
"whistleblower" report in August 2009, its audit committee began an
investigation. On October 19, 2009, the Company announced that it
would be restating its financial results for 2008 and for the first
and second quarters of 2009 because of its failure to properly
account for its revenue, as uncovered by the audit committee's
investigation. As this news reached the market, Hansen's shares
fell more than 84% from their Class Period high.
Shalov Stone Bonner & Rocco LLP has extensive experience in
the prosecution of lawsuits on behalf of investors. For more
information about the firm, please visit its website at:
www.lawssb.com
If you purchased Hansen common stock and would like additional
information about your rights, please contact investor rights
attorney Amanda C. Scuder, at Shalov Stone Bonner & Rocco LLP,
485 Seventh Avenue, Suite 1000, New York, New York 10018
(telephone: (212) 239-4340; email: ascuder@lawssb.com).
Attorney advertising. Prior results do not guarantee a similar
outcome.
CONTACT: Amanda C. Scuder Attorney SHALOV STONE BONNER &
ROCCO LLP Telephone: (212) 239-4340 Facsimile: (212) 239-4310
Email: Email Contact http://www.lawssb.com
Hansen Medical, Inc. (MM) (NASDAQ:HNSN)
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Hansen Medical, Inc. (MM) (NASDAQ:HNSN)
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부터 7월(7) 2023 으로 7월(7) 2024