An investigation for investors in Hologic, Inc. (NASDAQ: HOLX) shares over potential securities laws violations by Hologic, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 09/25/2018 -- An investigation was announced concerning potential securities laws violations by Hologic, Inc. in connection with certain financial statements.
Investors who purchased shares of Hologic, Inc. (NASDAQ: HOLX), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Hologic, Inc. (NASDAQ: HOLX) concerning whether a series of statements by Hologic, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 30, 2018, the U.S. Food and Drug Administration ("FDA") issued a statement warning against the use of "energy-based devices" to perform vaginal "rejuvenation" and/or cosmetic vaginal procedures and stated it was aware of certain manufacturers inappropriately marketing energy-based devices. The FDA further disclosed it had sent a letter to Cynosure notifying the Company that marketing for its MonaLisa Touch may violate the Federal Food, Drug, and Cosmetic Act. Then on August 13, 2018, Hologic filed an 8-K stating that "Although the FDA did not mention Vitalia in its recent comments or the [MonaLisa Touch] MLT Letter, Cynosure has carefully considered the FDA's broader concerns and elected to suspend marketing and distribution of Vitalia handpieces and single-use probes until it has confirmed they meet all regulatory requirements for devices in this category. Cynosure is also asking customers to return any Vitalia handpieces and unused probes they have purchased."
Those who purchased shares of Hologic, Inc. (NASDAQ: HOLX) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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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.
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