August 03, 2016
In a tartly worded opinion, a Massachusetts judge ruled Wednesday that "lack of clairvoyance is not actionable" in tossing a proposed class action that claimed artificial joint maker ConforMIS Inc. misled investors about manufacturing issues ahead of its $140 million initial public offering.
April 18, 2016
A proposed class of investors in ConforMIS Inc. asked a Massachusetts federal court Friday not to toss their suit claiming the artificial joint maker misled investors about manufacturing issues ahead of its $140 million initial public offering in July, saying a prospectus glossed over clear quality control deficiencies that led to a costly recall.
March 21, 2016
Artificial joint maker ConforMIS Inc. urged a Massachusetts federal court on Friday to dismiss a putative investor class action accusing the company of hiding problems with its knee joint replacement systems in advance of its $140 million initial public offering.
November 12, 2015
A Massachusetts federal judge on Tuesday approved Pomerantz LLP as lead counsel and Block & Leviton LLP as liaison counsel for a putative investor class accusing artificial-joint maker ConforMIS Inc. of hiding problems with its knee joint replacement systems ahead of its $121 million initial public offering.
September 04, 2015
Private equity-backed artificial joint maker ConforMIS Inc. hid problems with its knee joint replacement systems in advance of its $121 million initial public offering, failing to disclose the manufacturing defect until it issued a recall months later, shareholders have claimed in a proposed class action.