DALLAS, Dec. 7, 2011 /PRNewswire/ -- Former United States Securities and United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that the firms are investigating legal claims against the officers and Board of Directors of The Cooper Companies, Inc. ("Cooper Companies" or "COO") (NYSE: COO) related to potential securities violations by the company between March 4, 2011 and November 15, 2011 (the "Class Period").
(Logo: http://photos.prnewswire.com/prnh/20111111/DA05320LOGO)
If you are an affected investor and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at [email protected], or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at [email protected]. There is no cost or fee to you.
On November 28, 2011, Cooper Companies and certain of its officers and directors were charged with violating the Securities Exchange Act of 1934. Specifically, the class-action complaint alleges that on November 15, 2011, following the announcement of a small voluntary recall, the significance of which Cooper Companies and its senior executives intentionally downplayed, Cooper Companies was forced to disclose a much larger product recall and to finally disclose the seriousness of the potential injuries. As the market learned the true extent of the company's production issues, product safety defects, and the harm to Cooper Companies' reputation and product marketability, the company's stock price declined precipitously.
The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
SOURCE Powers Taylor, LLP
Share this article