SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

August 13, 2014 19:39 ET

SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against InVivo Therapeutics Holdings Corp. and Its Board of Directors and a Lead Plaintiff Deadline of October 6, 2014 -- NVIV

NEW YORK, NY--(Marketwired - Aug 13, 2014) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Massachusetts on behalf of investors who purchased InVivo Therapeutics Holdings Corp. ("InVivo" or the "Company") (OTCQB: NVIV) securities between April 5, 2013 and August 26, 2013.

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The complaint alleges that the Company misrepresented the time needed to submit testing data for its biopolymer scaffold product to the Food and Drug Administration. In particular, it is alleged that the Company stated it would be able to report results by the end of 2014 despite conditions set by the FDA that, unbeknownst to investors, would make meeting this deadline impossible.

If you suffered a loss in InVivo you have until October 6, 2014 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 or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

    Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510