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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Abiomed Inc (NASDAQ: ABMD) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Abiomed Inc (NASDAQ: ABMD) concerning whether a series of statements by Abiomed Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 17, 2019, clinical studies were presented at the American Heart Association’s annual meeting in Philadelphia that presented data questioning the safety and effectiveness of Abiomed’s Impella heart pumps.
On this news, the price of NASDAQ: ABMD declined more than 20% on November 18, 2019.
Based in Danvers, Massachusetts, and founded in 1981 Abiomed Inc engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart.
If you purchased shares of Abiomed Inc (NASDAQ: ABMD) on or before November 17, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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