SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

June 20, 2016 11:02 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Neovasc Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 5, 2016 -- NVCN

NEW YORK, NY--(Marketwired - June 20, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Neovasc Inc. ("Neovasc") (NASDAQ: NVCN) between January 26, 2015 to May 19, 2016.

You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the District of Massachusetts. If you purchased or otherwise acquired Neovasc securities between January 26, 2015 to May 19, 2016, your rights may be affected by this action. To get more information go to: http://www.zlk.com/pslra/neovasc-inc.

The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose: (i) that the Company's Tiara device was developed through unlawful business practices, including the misappropriation of trade secrets from another company; (ii) that a related lawsuit against Neovasc regarding the misappropriation of trade secrets had merit; and (iii) that, as a result of the above, Defendants' statements regarding Neovasc's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

If you suffered a loss in Neovasc you have until August 5, 2016 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/neovasc-inc.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph E. Levi, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com