Thieler Law Corp advises investors with losses exceeding $100,000 of the November 30, 2015 lead plaintiff deadline in a class action lawsuit filed against Globus Medical Inc (NYSE:GMED) ("Globus Medical Inc" or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of Pennsylvania and investors, who purchased Globus Medical Inc securities between February 26, 2014 through August 5, 2014, have until November 30, 2015  to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Globus Medical Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 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 Globus Medical’s connection with one of its main distributors was weakening and that the threatened relationship was having a financially poor impact in the Company's performance altogether.  Additionally the complaint claims that due to the lack of these disclosures Defendants' statements about Globus' business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at the times specified in the allegations.

On August 5, 2014, Globus announced the release of its financial results for the 2014 second quarter and reported revenue guidance much lower than expected for the 2014 year. In that press release the Company disclosed that certain operating challenges had resulted in sales growth below its historical trends.

After this news was made public, Globus shares declined $4.05 per share, or 17.9%, to close on August 6, 2014, at $18.51 per share, on unusually high volume.

If you were negatively impacted by your investment in Globus Medical Inc securities between February 26, 2014 through August 5, 2014 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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