An investigation on behalf of current long term investors in Zimmer Biomet Holdings Inc (NYSE: ZBH) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/29/2018 -- Certain directors of Zimmer Biomet Holdings Inc (NYSE: ZBH) are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Zimmer Biomet Holdings Inc (NYSE: ZBH) shares, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE: ZBH stocks follows a lawsuit filed against Zimmer Biomet Holdings Inc over alleged securities laws violations. The investigation on behalf of current long term investors in (NYSE: ZBH stocks, concerns whether certain Zimmer Biomet Holdings directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants failed to disclose that supply chain problems led to a decrease in order fulfillment rates, most notably within Zimmer's knee and hip portfolios, that, as such, the Company would not achieve its revenues and profit forecast, and that, as a result of the foregoing, Defendants' statements about Zimmer's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Those who purchased shares of Zimmer Biomet Holdings Inc (NYSE:ZBH) have certain options and should contact the Shareholders Foundation.
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