Apyx Medical Corporation (NASDAQ: APYX)
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Hagens Berman Sobol Shapiro LLP reminds investors in Apyx Medical Corporation (NASDAQ: APYX) of the June 17, 2019 Lead Plaintiff deadline in the securities class action pending in the U.S. District Court for the Middle District of Florida.
If you purchased or otherwise acquired securities of APYX between August 1, 2018 and April 1, 2019 and suffered losses you do not need to sign up to be included in the putative class of investors. If you suffered losses in excess of $50,000, you may qualify to be a lead plaintiff – one who selects and oversees the attorneys prosecuting the case. If you wish to serve as a lead plaintiff in this class action contact Hagens Berman Sobol Shapiro LLP. For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing APYX@hbsslaw.com.
According to the complaint, Defendants misled investors during the Class Period by misstating and/or failing to disclose that: (1) the clinical study on the use of J-Plasma for dermal resurfacing did not meet its primary efficacy endpoint; (2) the clinical study did not support the Company’s application for regulatory clearance; and, (3) the Company was unlikely to receive regulatory approval of J-Plasma for dermal resurfacing.
“We’re focused on investors’ losses, certain matters flagged in a recent bearish analyst report, and whether investors may have been misled,” said Hagens Berman partner Reed Kathrein.
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There is no cost or fee whatsoever involved in participating in this action. In the event Hagens Berman or any other firm obtains a settlement that provides benefits to class members, the court will decide a reasonable fee to be awarded to the class’ legal team. In no case will any class member ever be asked to pay any out-of-pocket sum.
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