Faruqi & Faruqi, LLP Announces Investigation of TranS1 Inc.

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Jan 25, 2012, 07:00 ET

NEW YORK, Jan. 25, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at TranS1 Inc. ("TranS1" or the "Company") (Nasdaq: TSON).

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO )

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) TranS1 was not in compliance with the U.S. government's healthcare fraud and false claim statutes; (2) the Company was engaged in improper reimbursement practices; and (3) TranS1 lacked adequate internal and financial controls for its business.

Request more information now by clicking here: www.faruqilaw.com/TSON

Take Action
If you purchased TranS1 securities between February 21, 2008 and October 17, 2011 and would like to discuss your legal rights, visit www.faruqilaw.com/TSON. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected] or [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding TranS1 conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Francis McConville, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330