{"id":474780,"date":"2021-04-12T09:33:09","date_gmt":"2021-04-12T13:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-merit-medical-systems-inc-mmsi-officers-and-directors-under-investigation-for-false-statements-and-insider-trading\/"},"modified":"2021-04-12T09:33:09","modified_gmt":"2021-04-12T13:33:09","slug":"shareholder-alert-merit-medical-systems-inc-mmsi-officers-and-directors-under-investigation-for-false-statements-and-insider-trading","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-merit-medical-systems-inc-mmsi-officers-and-directors-under-investigation-for-false-statements-and-insider-trading\/","title":{"rendered":"SHAREHOLDER ALERT: Merit Medical Systems, Inc. (MMSI) Officers and Directors Under Investigation for False Statements and Insider Trading"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN FRANCISCO<\/span>, April 12, 2021<\/span> \/PRNewswire\/ — Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Merit Medical Systems, Inc. (NASDAQ: MMSI) relating to possible false statements to investors and insider trading by officers and directors.\u00a0<\/p>\n

A securities class action against the company in the United States<\/span> District Court for the Central District of California<\/span> recently survived a motion to dismiss allegations that between February 26 and October 30, 2019<\/span>, Merit and its CEO and CFO made false and misleading statements about the company’s integration of Cianna and ClariVein, two highly-touted corporate acquisitions. Plaintiffs allege that Merit eventually revealed the truth about the acquisitions in two stages, each wiping out hundreds of millions of dollars of shareholder value. During the same time period, several Merit officers and directors, including those named in the class action, sold more than $12.6 million<\/span> of company stock while outside investors remained unaware of the alleged integration problems.<\/p>\n

The Schubert Firm is investigating potential breaches of fiduciary duty by the company’s directors and officers in connection with these allegations. <\/p>\n

\n If you own stock in Merit Medical and wish to obtain additional information about your legal rights, please <\/b>
\n contact us<\/a>\u00a0today or visit our website at <\/b>htt<\/b>ps:\/\/www.classactionlawyers.com\/blog\/meritmedical<\/a>.<\/p>\n

\n About Schubert Jonckheer & Kolbe LLP
<\/b>
\n Schubert Jonckheer & Kolbe<\/a>\u00a0represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco<\/span>, and with the help of co-counsel, litigates cases nationwide.<\/p>\n

\n Contact<\/b>
\n
\n Willem F. Jonckheer<\/span>
\n
Schubert Jonckheer & Kolbe LLP
wjonckheer@sjk.law<\/a>
\u00a0Tel: 415-788-4220<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-merit-medical-systems-inc-mmsi-officers-and-directors-under-investigation-for-false-statements-and-insider-trading-301266415.html<\/a><\/p>\n

SOURCE Schubert Jonckheer & Kolbe LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN FRANCISCO, April 12, 2021 \/PRNewswire\/ — Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Merit Medical Systems, Inc. (NASDAQ: MMSI) relating to possible false statements to investors and insider trading by officers and directors.\u00a0 A securities class action against the company in the United States District Court for the Central District of California recently survived a motion to dismiss allegations that between February 26 and October 30, 2019, Merit and its CEO and CFO made false and misleading statements about the company’s integration of Cianna and ClariVein, two highly-touted corporate acquisitions. Plaintiffs allege that Merit eventually revealed the truth about the acquisitions in two stages, each wiping out hundreds of … <\/p>\n

Continue reading “SHAREHOLDER ALERT: Merit Medical Systems, Inc. (MMSI) Officers and Directors Under Investigation for False Statements and Insider Trading”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474780","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ALERT: Merit Medical Systems, Inc. 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