The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Neovasc Inc. Investors & En...
28 July 2016 - 4:50AM
Business Wire
Law Offices of Howard G. Smith announces that a class
action lawsuit has been filed on behalf of investors who purchased
Neovasc Inc. (“Neovasc” or the “Company”) (NASDAQ: NVCN) securities
between January 26, 2016 and May 19, 2016, inclusive (the
“Class Period”). Neovasc investors have until August 5,
2016 to file a lead plaintiff motion.
Investors suffering losses on their Neovasc investments are
encouraged to contact the Law Offices of Howard G. Smith to discuss
their legal rights in this class action at 888-638-4847 or by email
to howardsmith@howardsmithlaw.com.
The Complaint alleges that, throughout the Class Period,
Defendants made false and/or misleading statements, as well as
failed to disclose material adverse facts about Neovasc's business,
operations, and prospects. Specifically, Defendants made false
and/or misleading statements and/or failed to disclose: (1)
Neovasc's Tiara device was advanced through dishonest business
practices, including the embezzlement of trade secrets from another
company; (2) that there was a related and legitimate lawsuit
against Neovasc regarding the misappropriation of trades secrets;
and (3) consequentially, Defendants' statements about Neovasc's
business, operations, and prospects were materially false and
misleading at relevant times. Following this information entering
the market, investors suffered damages.
If you purchased shares of Neovasc during the Class Period you
may move the Court no later than August 5, 2016 to
ask the Court to appoint you as lead plaintiff if you meet certain
legal requirements. To be a member of the Class you need not take
any action at this time; you may retain counsel of your choice or
take no action and remain an absent member of the Class. If you
wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215)
638-4847, toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160727006384/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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