The Brualdi Law Firm, P.C. Announces Class Action Lawsuit against Neovasc, Inc.

November 13, 2020 9:00 AM EST | Source: The Brualdi Law Firm

New York, New York--(Newsfile Corp. - November 13, 2020) - The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Neovasc, Inc. ("Neovasc") (NASDAQ: NVCN) stock during the period between November 1, 2019 and October 27, 2020, inclusive (the "Class Period"), for violations of the federal securities laws.

No class has yet been certified in that action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Neovasc common stock during the Class Period and wish to move the court for appointment as lead plaintiff, you must do so by January 5, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Neovasc during the Class Period. You do not need to seek appointment as a lead plaintiff in order to share in any recovery.

To be a member of the class you do not need to take any action at this time. You may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact David Titus at The Brualdi Law Firm, P.C., 29 Broadway, Suite 2400, New York, New York 10006, by telephone at (212) 952-0602, or by email to dtitus@brualdilawfirm.com.

The complaint alleges that defendants made materially false and misleading statements regarding Neovasc's business, operational and compliance policies. The complaint further alleges that as a result of the defendants' wrongful acts and omissions, and the precipitous decline in the market value of Neovasc's securities, investors during the Class Period have suffered significant losses and damages.

The Brualdi Law Firm, P.C. is a New York City-based law firm dedicated to vigorous representation of investors in litigation nationwide, with an emphasis on sophisticated class actions in the securities and antitrust areas, along with corporate derivative suits. More information about the firm is available at www.brualdilawfirm.com, and upon request.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

CONTACT:

The Brualdi Law Firm, P.C.
David Titus, Esq.
T: (212)-952-0602
dtitus@brualdilawfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68092

info