NEW YORK, Jan. 31, 2017 /PRNewswire/ -- Attorney Advertising
-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Natus
Medical Incorporated ("Natus" or the "Company") (NASDAQ: BABY) and certain of its officers, and is on behalf of shareholders
who purchased or otherwise acquired Facebook securities between October 16, 2015 and
April 3, 2016, both dates inclusive (the "Class Period"). Such investors are advised to join
this case by visiting the firm's site: http://www.bgandg.com/baby.
The class action lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws
under the Securities Exchange Act of 1934 (the "Exchange Act").
The Complaint that throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose
material adverse facts about Natus' business, operations, and prospects, including that: (1) the Venezuelan government failed to
make tens of millions of dollars in prepayments to Natus, which were required to have been paid beginning in October 2015; (2) Natus had no means to effectively enforce its rights under its supply contract, as
Venezuela was the exclusive forum for dispute resolution; (3) Natus' receipt of revenues
pursuant to the supply contract was contingent on the outcome of Venezuelan elections; and (4) consequently, Natus was not on
track to achieve the increased guidance provided by Defendants, which lacked a reasonable basis. Once this information was
made known to the investing public, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site:
http://www.bgandg.com/baby or you may contact
Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael
Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Natus you have until
March 31, 2017 to request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive
pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in
class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as
securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC