Thieler Law Corp advises investors with losses exceeding $100,000 of the November 2, 2015 lead plaintiff deadline in a class action lawsuit filed against ConforMIS Inc (NASDAQ: CFMS) (“ConforMIS” or “the Company”). The suit is pending in the U.S. District Court for the District of Massachusetts and investors, who purchased ConforMIS securities between July 1, 2015 and August 28, 2015, have until November 2, 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 ConforMIS 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 ConforMIS’ manufacturing processes were flawed and that as a result of the flaws in the Company's manufacturing process, a significant amount of the Company's knee replacement product systems were defective. The complaint further states that a result of the foregoing, ConforMIS's public statements were materially false and misleading at all the times specified in the complaint.

On August 31, 2015, before the market opened, ConforMIS announced that it had initiated a voluntary recall of specific serial numbers of patient-specific instrumentation for certain of its knee replacement product systems, in response to recent complaints of moisture on the patient-specific instrumentation. Around 950 patient-specific instrumentation sets were affected by this recall.

After the release of this news, NASDAQ: CFMS  stock declined $3.78, or 19.11%, to close at $16.00 on August 31, 2015. On September 2, 2015, the Company's share price closed at $14.18 per share.

If you were negatively impacted by your investment in ConforMIS securities between July 1, 2015 and August 28, 2015 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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