WILMINGTON, Del., July 15, 2016 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:
- Do you, or did you, own shares of TransEnterix, Inc. (NYSE MKT:TRXC)?
- Did you purchase your shares between February 10, 2016 and May 10, 2016, inclusive?
- Did you lose money in your investment?
Rigrodsky & Long, P.A. reminds shareholders of TransEnterix, Inc. (“TransEnterix” or the
“Company”) (NYSE MKT:TRXC) of an upcoming deadline involving a securities fraud class action lawsuit commenced against the
Company. A complaint was filed in the United States District Court for the Eastern District of North Carolina on behalf of
all persons or entities that purchased the common stock of TransEnterix between February 10, 2016 and May 10, 2016, inclusive (the
“Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the
“Complaint”).
The Complaint alleges that throughout the Class Period, defendants made materially false and misleading
statements, and omitted materially adverse facts, about the Company’s business, operations and prospects. As a result of
defendants’ alleged false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class
Period.
If you wish to serve as lead plaintiff, you must move the Court no later than August 1,
2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the
litigation. Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice,
or may choose to do nothing and remain an absent class member.
If you purchased shares of TransEnterix during the Class Period, or purchased shares prior to the Class Period
and still hold TransEnterix, and wish to discuss this action
or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite
120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to info@rl-legal.com; or at: http://rigrodskylong.com/investigations/transenterix-inc-trxc.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT: Rigrodsky & Long, P.A. Timothy J. MacFall, Esquire Peter Allocco (888) 969-4242 (516) 683-3516 Fax: (302) 654-7530 info@rl-legal.com http://www.rigrodskylong.com
