An investigation was announced for investors in NASDAQ:NUVA shares over potential breaches of fiduciary duties by certain directors.
Investors who purchased shares of NuVasive, Inc. (NASDAQ:NUVA) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain NuVasive directors breached their fiduciary duties and caused damage to the company and its shareholders.
On August 28, 2013, a lawsuit was filed against Nuvasive over alleged securities laws violations. The plaintiff alleged that Defendants made allegedly false and/or misleading statements and/or failed to disclose that NuVasive, Inc. improperly submitted false claims to Medicare and Medicaid in violation of federal and state laws and regulations, that NuVasive, Inc’s internal compliance program was unable to detect and report False Claims Act and other violations, and that as a result of the foregoing, NuVasive, Inc’s statements were materially false and misleading at all relevant times.
Those who purchased NASDAQ:NUVA shares 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