RTI Surgical Holdings, Inc. Securities Litigation

If you purchased a significant amount of shares of RTI Surgical Holdings, Inc. (NASDAQ: RTIX), you have certain options. Investors should contact us.

 

Lawsuit Overview

Defendant:RTI Surgical Holdings, Inc.
Date Filed:March 23rd, 2020
Sector:Health Care
Industry:Industrial Specialties
Class Start Date:March 7th, 2016
Class End Date:March 16th, 2020

According to the Complaint, RTI Surgical Holdings, Inc. purports to operate as a surgical implant company that designs, develops, manufactures, and distributes biologic, metal, and synthetic implants worldwide. On March 8, 2019, RTI Surgical, Inc. acquired with Paradigm Spine, LLC, a company focused on spinal infusion technology. The resultant company reorganized itself as RTI Surgical Holdings, Inc.

The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company inappropriately recognized revenues with respect to certain contractual arrangements, including other equipment manufacturer customers; (2) the Company's internal controls over financial reporting were not effective; (3) as a result, the Company would be forced to delay the filing of its Form 10-K for fiscal year ended December 31, 2019; and (4) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Sign up for free to create a personalized portfolio with tracking and e-mail alerts for RTI Surgical Holdings, Inc.

 
First Identified Complaint

Patricia Lowry, et al. v. RTI Surgical Holdings, Inc., et al.

Date Filed:March 23rd, 2020
Class Period Start:March 7th, 2016
Class Period End:March 16th, 2020
First Identified Complaint Filings
#Document TitleFiling Date