OKLAHOMA CITY, OK--(Marketwire -03/26/12)- On March 13, 2012, a class action lawsuit was filed in the Superior Court of the State of California for the County of Alameda against ZELTIQ Aesthetics, Inc. (NASDAQ: ZLTQ - News). The complaint alleges violations of federal securities laws, Sections 11 and 15 of the Securities Exchange Act (15 U.S.C. §§ 77k and 77o), including allegations of issuing a series of material or false misrepresentations to the market in its registration statement and prospectus for its Initial Public Offering which was completed on October 24, 2011 and had the effect of artificially inflating the market price.
Plaintiff seeks to recover damages on behalf of all ZELTIQ Aesthetics, Inc. shareholders who purchased common stock in connection with the IPO and are therefore a member of the Class as described above. You may move the Court no later than Thursday, May 17, 2012 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact: