Lead Plaintiff Deadline is November 18, 2016
NEW YORK, NY / ACCESSWIRE / September 22, 2016 / Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed against Misonix, Inc. ("Misonix" or the "Company") (NASDAQ: MSON) and certain of its officers in the United States District Court for the Eastern District of New York. The class action is on behalf of a class consisting of all persons or entities who purchased Misonix securities between November 5, 2015 through September 14, 2016, inclusive (the "Class Period").
Shareholders who have incurred losses in Misonix, Inc. are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may also review the filed complaint and obtain additional information concerning the action on our website, www.whafh.com.
If you purchased shares of Misonix, Inc., you may, no later than November 18, 2016, request that the Court appoint you lead plaintiff of the proposed class.
According to the filed 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.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein Adler Freeman & Herz LLP by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
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Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
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SOURCE: Wolf Haldenstein Adler Freeman & Herz LLP
ReleaseID: 445852
