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Meridian Bioscience Inc. (VIVO)

NASDAQ:VIVO

Summary

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Meridian Bioscience Inc. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Meridian Bioscience Inc. (“Meridian Bioscience” or the “Company”) (NASDAQ:VIVO).

The investigation focuses on whether the Company and its executives violated federal securities laws by manufacturing potentially faulty lead testing systems. Specifically, on May 17, 2017,   U.S. Food and Drug Administration (“FDA”) and Centers for Disease Control and Prevention (“CDC”) issued a press release stating that the use of Meridian Science subsidiary Magellan Diagnostics’s LeadCare System tests may provide incorrect results.  Claiming that the problem may date back to 2014, the FDA stated that it “is aggressively investigating this complicated issue to determine the cause of the inaccurate results and working with the CDC.”  The CDC is recommending health care professionals to retest children younger than six years of age using blood drawn from a vein using any Magellan Diagnostics’s LeadCare System tests and received a result of less than 10 micrograms per deciliter.

On this news, the Company’s stock price has declined as much as 10% during intraday trading on May 17, 2017.

If you invested in Meridian Bioscience stock or options and would like to discuss your legal rights, please fill out the form below. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. 

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information on how to join the Class Action at no cost to you.

  • Case:
    Meridian Bioscience Inc. (VIVO)
  •    

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Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 05/17/2017

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