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Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Globus Medical, Inc. Stockholders

2015-04-24 19:11 ET - News Release


Company Website: http://kmllp.com
NEW YORK -- (Business Wire)

Kirby McInerney LLP is investigating potential claims on behalf of investors of Globus Medical, Inc. (“Globus” or the “Company”) (NYSE:GMED) concerning the Company’s and its officers’ possible violations of federal securities laws. Kirby McInerney LLP is preparing a class action to recover damages on behalf of injured Globus shareholders.

On April 22, 2015 the Company announced that its auditors, KPMG LLP (“KPMG”), had declined to stand for reelection as auditor of the Company’s financial statements. The Company stated in relevant part, “[o]n April 16, 2015, KPMG orally notified Globus that upon the completion of KPMG’s review of the Company’s consolidated financial statements for the quarterly reporting period ended March 31, 2015 and the filing of the related Quarterly Report on Form 10-Q, KPMG declines to stand for reelection as the independent registered public accounting firm for the Company. KPMG’s decision was accepted by the audit committee of the Company’s Board of Directors.” On this news, shares of Globus fell on April 23, 2015, as much as $1.33 per share during intraday trading, on unusually high volume.

If you are a Globus stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Contacts:

Kirby McInerney LLP
J. Brandon Walker, Esq., 212-699-1145
bwalker@kmllp.com,
or
Melissa Fortunato, Esq., 212-699-1141
mfortunato@kmllp.com

Source: Kirby McInerney LLP

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