Shareholders Foundation, Inc.

NYSE: MMSI Investor Notice: Deadline Coming Up on February 3rd in Lawsuit Against Merit Medical Systems, Inc.

A Deadline is coming up on February 3, 2020 in the lawsuit for certain investors in Merit Medical Systems, Inc. (NYSE: MMSI).

 

San Diego, CA -- (SBWIRE) -- 02/03/2020 -- The Shareholders Foundation announced that a deadline is coming up on February 3, 2020 in the lawsuit filed for certain investors of Merit Medical Systems, Inc. (NYSE: MMSI) over alleged securities laws violations by Merit Medical Systems, Inc.

Investors who purchased shares of Merit Medical Systems, Inc. (NYSE: MMSI) have certain options and there are strict and short deadlines running. Deadline: February 3, 2020. NYSE: MMSI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Merit Medical Systems, Inc. (NYSE: MMSI), that the defendants failed to disclose that the integrations of Cianna and Vascular Insights, including their products, sales people, and R&D facilities, had caused operational disruptions and reduced sales and were months behind schedule, that sales of acquired company products had slowed substantially due to pre-acquisition pipeline fill, in particular for Vascular Insights products which, as late as July 2019, had zero orders during fiscal 2019, and that in light of the foregoing, the Company's reported financial guidance for fiscal 2019 and 2020 was made without a reasonable basis.

Those who purchased shares of Merit Medical Systems, Inc. (NYSE: MMSI) 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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.