Request Legal Help Now - Free


Spectranetics Settles Securities Class Action for $8.5M

This is a settlement for the Securities/Stock Fraud lawsuit.

Colorado Springs, CO: Specranetics, a company that manufactures medical lasers, has settled a securities class action for $8.5 million. The settlement monies will be paid by the company's insurer.

The class action lawsuit alleged that Spectranetics broke federal securities law by making false and misleading statements and omissions. The lawsuit was brought on behalf of shareholders who bought the company's stock between March 16, 2007 and Sept. 4, 2008.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form.
Published on Jun-22-10


Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

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

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free