Press release
Merit Medical Systems, Inc. (NYSE: MMSI) Investor Alert: Update in Lawsuit
A lawsuit is pending for certain investors in Merit Medical Systems, Inc. (NYSE: MMSI) shares.
Investors who purchased shares of Merit Medical Systems, Inc. (NYSE: MMSI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On December 3, 2019, a lawsuit was filed against Merit Medical Systems, Inc over alleged securities laws violations. The plaintiff claimed that between February 26, 2019 and October 30, 2019, the defendants failed to disclose that the integrations of Cianna and Vascular Insights, including their products, sales people, and R&D facilities, had caused operational disruptions and reduced sales and were months behind schedule, that sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during fiscal 2019, and that in light of the foregoing, the Company’s reported financial guidance for fiscal 2019 and 2020 was made without a reasonable basis.
On June 30, 2020, a consolidated complaint was filed and on August 14, 2020, the defendants filed a Motion to Dismiss the consolidated Complaint.
On March 29, 2021, the Court issued an Order denying Defendants' Motion to Dismiss.
Those who purchased shares of Merit Medical Systems, Inc. (NYSE: MMSI) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Merit Medical Systems, Inc. (NYSE: MMSI) Investor Alert: Update in Lawsuit here
News-ID: 2318221 • Views: …
More Releases from Shareholders Foundation
Investigation announced for Long-Term Investors in shares of West Pharmaceutical …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of West Pharmaceutical Services, Inc..
Investors who are current long term investors in West Pharmaceutical Services, Inc. (NYSE: WST) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in (NYSE: WST stocks follows a lawsuit filed…
Investigation announced for Long-Term Investors in Open Lending Corporation (NAS …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Open Lending Corporation.
Investors who are current long term investors in Open Lending Corporation (NASDAQ: LPRO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: LPRO stocks follows a lawsuit filed against Open…
Investigation announced for Long-Term Investors in shares in BigBear.ai Holdings …
An investigation on behalf of current long-term investors in shares of BigBear.ai Holdings, Inc. (NYSE: BBAI) concerning potential breaches of fiduciary duties by certain directors and officers of BigBear.ai Holdings, Inc. was announced.
Investors who are current long term investors in BigBear.ai Holdings, Inc. (NYSE: BBAI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm…
Lawsuit filed for Investors who lost money with shares of DoubleVerify Holdings, …
An investor, who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV), filed a lawsuit over alleged violations of Federal Securities Laws by DoubleVerify Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) have certain options and for certain investors are short and strict deadlines running. Deadline: July 21, 2025. NYSE: DV investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Merit
Spring Hill High School's Henry Seitz Named National Merit Finalist
Spring Hill High School senior Henry Seitz has been named a National Merit Finalist, an honor awarded to less than 1% of high school seniors nationwide for exceptional academic achievement.
SPRING HILL, Kan. - March 21, 2025 - Spring Hill High School senior Henry Seitz has been named a National Merit Finalist, placing him among the top 1% of high school seniors nationwide in this prestigious academic competition.
The National Merit Scholarship…
Interventional Oncology Market 2025 | Boston Scientific, Medtronic, BTG, TERUMO, …
Global Interventional Oncology Market: Snapshot
The increasing demand for minimally invasive (MI) procedures is driving the growth of the global market for interventional oncology. The growing awareness about the benefits of MI surgeries, such as reduced risk of infection, minimal complications, shorter hospital stay, lesser pain, and a faster recovery time when compared to the conventional open surgeries, are encouraging patients and surgeons to opt for MI surgeries, resulting in the…
Wire Guides market 2018-2025, Merit Medical, Cook, Achieva Medical
Global Wire Guides market 2018 by ReportsQuest presents a professional and complete analysis of on the current Industry situation. The Global report includes Wire Guides Revenue, market Share, industry volume, Trends, Growth aspects. It analyses the important factors of the based on present industry situations, demands, business strategies utilized by Wire Guides market players and the future prospects from various angles in detail. Industry analysis is a assessment tool used…
Associated Builders & Contractors Selects Concare for the 2012 Award for Merit
Award of Merit for Specialty Contracting presented to Concare for floor protection solutions at Otis Spunkmeyer and Vitamins, Inc.
Concare announced today that the company has been awarded the 2012 Award for Merit from the Associated Builders and Contractors (ABC), a National trade association representing merit shop contractors, subcontractors, material suppliers and related firms in the United States.
Concare received two Awards for Merit: Otis Spunkmeyer and Vitamins Inc. Each…
TMI students enter National Merit compeition
Eight juniors at TMI – The Episcopal School of Texas qualified for the first level of the National Merit Scholarship Program. These students are among the 50,000 highest-scoring participants of about 1.5 million who took the 2010 Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT).
The TMI students who achieved this status are: Megan Abbott, Douglas Carter, William Frost, Alex Hager, Andrew Owens, Hamilton Rogers, Collin Shinkle and Mackenzie White.
These students have…
TMI merit scholarships awarded
Four students who received scholarships to TMI – The Episcopal School of Texas through an annual competition were recognized during a ceremony in the school’s All Saints Chapel on Friday, Feb. 10.
Two eighth-grade students have been chosen as Margaret M. and Albert B. Alkek Scholars at TMI – The Episcopal School of Texas. Armando Martinez of San Antonio Academy and Elise Notzon of St. Luke’s Episcopal School are recipients…
