SAN FRANCISCO, June 16, 2017
SAN FRANCISCO, June 16, 2017 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in Mazor Robotics Ltd. (NASDAQ: MZOR) to the securities class action pending in the United States District Court for the Southern District of New York and to the August 8, 2017 Lead Plaintiff deadline.
If you purchased or otherwise acquired securities of MZOR between November 8, 2016 and June 8, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing MZOR@hbsslaw.com.
On June 8, 2017, Mazor announced that in May 2017 the Israeli Securities Authority ("ISA") conducted a search at the offices of Mazor and also questioned certain officers in connection with an investigation held by the ISA. This news drove the price of Mazor's ADRs down almost 10% to close at $33.67 that day. On June 9, 2017 the price of Mazor's ADRs fell another 9.1% to close at $30.59 on June 9, 2017.
"We're focused on events as they unfold and certainly on whether Mazor engaged in improper accounting that triggered the ISA's search," said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding MZOR should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email MZOR@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Reed Kathrein, 510-725-3000
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SOURCE Hagens Berman Sobol Shapiro LLP