EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against AxoGen, Inc. –
AXGN
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of
shareholders of AxoGen, Inc. (NASDAQ: AXGN) resulting from allegations that AxoGen may have issued materially misleading business
information to the investing public.
On December 18, 2018, Seligman Investments issued a report stating that “[a] number of former [AxoGen]
employees allege channel stuffing [at AxoGen], given that the company’s consignment model creates potential for abuse, as
well as alleging questionable revenue recognition practices.” The report further stated that “allegations additionally
include misleading operating metrics, with one former rep implying that the company’s definition of ‘active accounts’ may
overstate the actual number by a factor of ten.” On this news, AxoGen’s stock fell $6.17 per share or approximately 22% to close at
$21.36 per share on December 18, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by AxoGen, investors. If you purchased shares of
AxoGen, please visit the firm’s website at
https://www.rosenlegal.com/cases-1478.html to join the class action. You may also contact Phillip Kim or Zachary Halper of
Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder
derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class
action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
zhalper@rosenlegal.com
www.rosenlegal.com
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