LOS ANGELES, CA / ACCESSWIRE / July 9, 2016 / Lundin Law PC announces a class action lawsuit has been filed against Neovasc Inc. ("Neovasc" or the "Company") (NVCN) concerning possible violations of federal securities laws between January 26, 2015 and May 19, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the August 5, 2016 lead plaintiff motion deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, the Company made false and/or misleading statements and/or failed to disclose that: the Company's Tiara device was developed via through unlawful business practices such as misappropriation of trade secrets; that a related lawsuit against Neovasc regarding the misappropriation of trade secrets had merit; and that as a result of the above, the Company's statements about business, operations, and prospects were materially false and misleading at all relevant times.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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SOURCE: Lundin Law PC