The Shareholders Foundation announces that an investigation on behalf of investors of AngioDynamics, Inc. (NASDAQ:ANGO) shares was launched over potential securities laws violations by AngioDynamics, Inc. and certain of its directors and officers.
Investors who purchased shares of AngioDynamics, Inc. (NASDAQ:ANGO) 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 focuses on possible claims on behalf of purchasers of the securities of AngioDynamics, Inc. (NASDAQ:ANGO) concerning whether a series of statements by AngioDynamics, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 9, 2015, AngioDynamics, Inc. reported its 2015 third quarter financial results. Among other things, AngioDynamics, Inc said that its third quarter net sales of $86.6 million decreased 2% year over year from $88.2 million in last fiscal year’s third quarter. AngioDynamics, Inc also provided its fiscal 2015 and fourth quarter guidance. AngioDynamics, Inc said that its short term impact coupled with the headwinds due to foreign currency exchange has resulted in a revision of net sales for fiscal year 2015 to a range of $356 million to $360 million from its prior outlook of a range of $362 million to $368 million.
Shares of Shares of AngioDynamics, Inc. (NASDAQ:ANGO) declined on April 10, 2015 to as low as $16.25 per share.
On April 24, 2015, NASDAQ:ANGO shares closed at $17.10 per share.
Those who purchased shares of AngioDynamics, Inc. (NASDAQ:ANGO) 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