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MAKO Mako Surgical Corp. (MM)

29.99
0.00 (0.00%)
15 Jul 2024 - Closed
Delayed by 15 minutes
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

Investor Alert: Former Louisiana Attorney General & Kahn Swick & Foti, LLC, Remind Investors with Large Financial Interests o...

14/05/2012 5:06am

Business Wire


Mako Surgical Corp. (MM) (NASDAQ:MAKO)
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Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 9, 2012 to file lead plaintiff applications in a securities class action lawsuit against MAKO Surgical Corp. (Nasdaq: MAKO), if they purchased the Company’s common stock during the period between January 9, 2012 and May 7, 2012, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of Florida.

What You May Do

If you purchased shares of MAKO and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn (lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or KSF Director of Client Relations, Neil Rothstein, Esq. (neil.rothstein@ksfcounsel.com), toll free at 877-694-9510, or via cell phone any time at 330-860-4092. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 9, 2012.

About the Lawsuit

MAKO and certain of its senior executives are charged with issuing a series of materially false and misleading statements, during the Class Period, in violation of federal securities laws.

On May 8, 2012, shares of MAKO declined $15.13 per share, or nearly 37%, to close at $26.27 per share, after the Company announced that its first quarter 2012 financial results would be well below guidance. At that time, MAKO revealed that quarterly revenue declined approximately 40%, sequentially, approximately 20% below guidance.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.

1 Year Mako Surgical Corp. (MM) Chart

1 Year Mako Surgical Corp. (MM) Chart

1 Month Mako Surgical Corp. (MM) Chart

1 Month Mako Surgical Corp. (MM) Chart