Shareholders Foundation, Inc.

Insulet Corporation (NASDAQ:PODD) Shareholder Notice Deadline in Lawsuit on July 6, 2015

A Deadline is coming up on July 6, 2015 in the lawsuit for investors in Insulet Corporation (NASDAQ:PODD) and NASDAQ:PODD stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/30/2015 -- A deadline is coming up on July 6, 2015 in the lawsuit filed for certain investors of Insulet Corporation (NASDAQ:PODD) over alleged violations of federal securities laws violations Insulet.

Investors who purchased shares of Insulet Corporation (NASDAQ:PODD) have certain options and there are strict and short deadlines running. Deadline: July 6, 2015. NASDAQ:PODD stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

According to the complaint filed in the the U.S. District Court for the District of Massachusetts the plaintiff alleges on behalf of purchasers of Insulet Corporation (NASDAQ:PODD) common shares between February 27, 2013 and April 30, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that Defendants allegedly failed to disclose that Insulet Corporation was experiencing slower demand for its products, that Insulet Corporation was facing issues with its sales and marketing efforts, that that, as a result, Insulet Corporation experienced unevenness in its financial performance, and that, as a result of the foregoing, Defendants' positive statements about Insulet's business, operations, and prospects lacked a reasonable basis.

On April 30, 2015, Insulet Corporation reported its first quarter 2015 financial results. Among other things, Insulet Corporation also reaffirmed its revenue guidance for 2015 and said that for the second quarter of 2015, it is expecting revenue to be in the range of $67 to $70 million. Shares of Insulet Corporation (NASDAQ:PODD) declined to as low as $24.95 per share on May 1, 2015.

Those who purchased shares of Insulet Corporation (NASDAQ:PODD) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com