Shareholders Foundation, Inc.

Deadline for Investors in NASDAQ:MSON Shares in Lawsuit Against Misonix, Inc. Upcoming

A Deadline is coming up on November 18, 2016 in the lawsuit for investors in Misonix, Inc. (NASDAQ:MSON) and NASDAQ:MSON stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 11/10/2016 -- The Shareholders Foundation announced that a deadline is coming up on November 18, 2016 in the lawsuit filed for certain investors of Misonix, Inc. (NASDAQ:MSON) over alleged securities laws violations by Misonix, Inc.

Investors who purchased shares of Misonix, Inc. (NASDAQ:MSON) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of certain purchasers of Misonix, Inc. (NASDAQ:MSON) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 5, 2015 and September 14, 2016 the defendants made false and/or misleading statements and/or failed to disclose that deficiencies existed in Misonix's internal controls over financial reporting, and that as a result, Defendants' statements about Misonix's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On September 14, 2016, Misonix, Inc. disclosed that the filing of its Annual Report on Form 10-K for the fiscal year ended June 30, 2016 will be delayed pending the completion of an investigation by Misonix's Audit Committee relating to deficiencies that existed in the Misonix's internal control over financial reporting at June 30, 2016. Shares of Misonix, Inc. (NASDAQ:MSON) declined on September 15, 2016 to as low as $4.95 per share.

On November 9, 2016, NASDAQ:MSON shares closed at $5.32 per share.

Those who purchased shares of Misonix, Inc. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com