Thieler Law Corp advises investors with losses exceeding $100,000 of the April 12, 2016 lead plaintiff deadline in a class action lawsuit filed against Cardiovascular Systems Inc (NASDAQ: CSII) (“Cardiovascular Systems” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Cardiovascular Systems Inc securities between September 12, 2011 and January 21, 2016, have until April 12, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Cardiovascular Systems Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Cardiovascular Systems distributed illegal kickbacks to health care providers; Cardiovascular Systems engaged in the off-label promotion of its medical devices; and Cardiovascular Systems violated FDA laws and regulations in connection with its medical devices.

On May 9, 2014, Cardiovascular Systems revealed receipt of a letter from the U.S. Attorney's Office for the Western District of North Carolina stating that it was investigating the Company for possible violations of the False Claims Act.

Following this news, NASDAQ: CSII shares dropped approximately 6% on May 12, 2014.

If you were negatively impacted by your investment in Cardiovascular Systems Inc securities between September 12, 2011 and January 21, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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