Energy News / Shareholders Foundation, Inc.

NYSE: ZBH Shareholder Alert: Investigation of Potential Wrongdoing at Zimmer Biomet Holdings Inc

Via: ReleaseWire

Updated 12:15 PM CDT, Mon, October 29,2018

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 mail@shareholdersfoundation.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.

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyse-zbh-shareholder-alert-investigation-of-potential-wrongdoing-at-zimmer-biomet-holdings-inc-1074865.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com