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  • PR Newswirelast year

    SHAREHOLDER ALERT: ERBA Diagnostics, Inc. ("ERB") is the Subject of a Legal Investigation

    NEW YORK, Feb. 26, 2016 /PRNewswire/ -- WeissLaw LLP, a national class action, shareholder rights law firm with offices in New York and Los Angeles, announces an investigation of ERBA Diagnostics, Inc. ("ERB" or the "Company"). On November 20, 2015, ERB announced that the financial statements for the years ended December 31, 2013 and 2014, and the interim periods ended March 31 and June 30, 2015 should not be relied upon as accurate. The Company reported that an investigation by its Audit Committee concluded that the financial statements for the past ten quarters contain material weaknesses resulting in an expected increase in net loss in the range of $3.0- $4.0 million. Following that announcement, ERB shares dropped approximately 20% from $1.74 to $1.44. On December 1, 2015, the Company suffered another crushing blow when it announced that it was facing a possible suspension and delisting from the New York Stock Exchange.

  • Accesswirelast year

    DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against ERBA Diagnostics, Inc. and Lead Plaintiff Deadline: February 1, 2016

    NEW YORK, NY / ACCESSWIRE / February 1, 2016 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a securities class action has been filed on behalf of those who purchased shares of ERBA Diagnostics, ...

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