NEW YORK, Oct. 30, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City announces an investigation against Meridian Bioscience, Inc. (NASDAQ: VIVO)("Meridian" or the "Company") for possible violations of federal securities laws.
The investigation concerns Meridian's subsidiary, Magellan Diagnostics Inc. On May 17, 2017, the U.S. Food and Drug Administration issued a field safety notice advising that customers discontinue use of Magellan's lead testing system with venous blood samples, following a product recall. Then on October 23, 2017, Magellan received a warning letter from the FDA stating that the warning letter was the result of "several violations of federal law" by Magellan, including "marketing significantly modified versions of two of its blood lead testing systems without the FDA's required clearance or approval and failing to submit medical device reports to the FDA after becoming aware of customer complaints involving discrepancies in blood lead test results." This caused Meridian's shares to fall 3.8% to $15.20 after the bell.
Mr. Monteverde would like to personally discuss with you how to potentially recover your monetary losses.
Click here for more information: http://monteverdelaw.com/securities/. It is free and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm committed that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC. Prior results do not guarantee a similar outcome with respect to any future matter.
SOURCE Monteverde & Associates PC
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