NOTICE For Investors In NASDAQ: APYX Shares: Update in Lawsuit against Apyx Medical Corporation announced by Shareholders Foundation

June 16, 2020 6:15 AM EDT | Source: Shareholders Foundation

San Diego, California--(Newsfile Corp. - June 16, 2020) - The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Apyx Medical Corporation (NASDAQ: APYX) shares.

Investors, who purchased shares of Apyx Medical Corporation (NASDAQ: APYX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On April 17, 2019, a lawsuit was filed against Apyx Medical Corporation /k/a/ Bovie Medical Corporation over alleged Securities Laws Violations. The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that the clinical study on the use of J-Plasma for dermal resurfacing had not met its primary efficacy endpoint, that, as a result, the clinical study did not support the Company's application for regulatory clearance, that, as a result, the Company was unlikely to receive regulatory approval of J-Plasma for dermal resurfacing, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

On March 11, 2020, the Court issued an Order denying Defendants' Motion to Dismiss.

Those who purchased Apyx Medical Corporation (NASDAQ: APYX) shares should contact the Shareholders Foundation, Inc.

CONTACT:
Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/57929

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