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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mako Surgical Corp. (MM) | NASDAQ:MAKO | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.99 | 0 | 01:00:00 |
If you have suffered a net loss for all transactions in MAKO Surgical Corporation during the Class Period, you may obtain additional information about this lawsuit and your ability to become a lead plaintiff by contacting Brower Piven at www.browerpiven.com, by email at hoffman@browerpiven.com, by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and class action cases of over 60 years.
No class has yet been certified in the above action. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff no later than July 9, 2012 and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement and how much of a settlement to accept for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the Company during the Class Period. You are not required to have sold your shares to seek damages or to serve as a Lead Plaintiff.
The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the Company's failure to disclose during the Class Period that the Company was experiencing higher costs and slower sales of its RIO Robotic Arm Interactive Orthopedic ("RIO") system and MAKOplasty applications (the "RIO system") and that utilization rates of the Company's RIO systems were dropping such that the Company's 2012 outlook provided at the start of the Class Period lacked a reasonable basis when made. After, on May 7, 2012, the Company revealed that its first quarter 2012 financial results had dropped approximately 40% from the fourth quarter 2011 and that the Company missed analysts' consensus expectations by approximately 20%, the value of MAKO shares declined significantly.
If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.
CONTACT: Charles J. Piven Brower Piven, A Professional Corporation Stevenson, Maryland 410/415-6616 hoffman@browerpiven.com
1 Year Mako Surgical Corp. (MM) Chart |
1 Month Mako Surgical Corp. (MM) Chart |
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