ACCESSWIRE
25 Jan 2023, 02:05 GMT+10
BOSTON, MA / ACCESSWIRE / January 24, 2023 / Block & Leviton is investigating Surmodics, Inc. (NASDAQ:SRDX) for potential securities law violations. Investors who have lost money in their Surmodics investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/srdx.
What is this all about?
Before the market opened on January 19, 2023, Surmodics announced receipt of a letter from the U.S. Food & Drug Administration (FDA), indicating that the Company's pre-market approval application for its Surveil drug-coated balloon is not currently approvable. The FDA letter noted the need for additional information regarding biocompatibility and labeling.
Shares of Surmodics, Inc. stock dropped more than 25% in intraday trading on January 19, 2023.
Who is eligible?
Anyone who purchased Surmodics, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.
Why should you contact Block & Leviton?
Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.
This notice may constitute attorney advertising.
CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockleviton.com
www.blockleviton.com
SOURCE: Block & Leviton LLP
Get a daily dose of Salt Lake City Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Salt Lake City Sun.
More InformationWASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...
PARIS, France: Following an 18 month controversy that exposed the workings of the global jet market, Airbus and Qatar Airways ...
TOKYO, Japan: Japan is preparing to revise legislation to allow it to restrict the export of advanced semiconductor manufacturing equipment ...
LONDON, England: Energy giant Shell Oil has announced a record profit of nearly $40 billion in 2022, capping an eventful ...
TOKYO, Japan: Honda has announced that it will manufacture a new hydrogen fuel cell system, which was jointly developed with ...
IRVINE, California: In an effort to cut costs in preparation for an industry-wide price war, electric vehicle manufacturer Rivian Automotive, ...
WASHINGTON, DC - FBI agents on Wednesday searched for classified documents at U.S. President Joe Biden's vacation retreat in the ...
The Denver Broncos are making Sean Payton one of the highest-paid coaches in NFL history with a contract worth somewhere ...
Washington [US], February 6 (ANI): US President Joe Biden on Monday expressed grief at the loss of life and devastation ...
© Provided by Xinhua BEIJING, Feb. 6 (Xinhua) -- Bullish on China's head start in economic recovery in 2023, global ...
© Provided by Xinhua by Xin JinDALLAS, the United States, Feb. 5 (Xinhua) -- It's a festive weekend in and ...
Ankara [Turkey], February 6 (ANI): Three earthquakes rocked Turkey on Monday as the country is still assessing the number of ...