LOS ANGELES--(BUSINESS WIRE)--
The Law Offices of Todd M. Garber announces that investors of Invacare Corporation (“Invacare” or the “Company”) (IVC) have until July 23, 2013 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Northern District of Ohio. The lawsuit was filed on behalf of a class (the “Class”) comprising all purchasers of Invacare common stock between July 22, 2010 and December 7, 2011 (the “Class Period”).
Invacare designs, manufactures and distributes medical equipment and supplies worldwide. The Complaint alleges that defendants issued materially false and misleading statements throughout the Class Period regarding Invacare’s operations and compliance with U.S. Food and Drug Administration guidelines and Current Good Manufacturing Practices. Specifically, defendants misrepresented or failed to disclose widespread operational, quality, and regulatory deficiencies at the Company’s corporate facility and its wheelchair manufacturing facility in Elyria, Ohio. On December 8, 2011 Invacare issued a press release announcing that the FDA intended to enter a consent decree that would require the suspension of certain operations until Invacare’s manufacturing facilities became compliant with FDA regulations.
If you are a member of the above-described Class, you may move the Court no later than July 23, 2013 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time. You may retain counsel of your choice or take no action and remain an absent Class member. If you purchased Invacare shares prior to the Class Period, or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to email@example.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
- Company Legal & Law Matters
Todd M. Garber, Attorney at Law
Los Angeles, California