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The Law Offices of Frank R. Cruz Announces Investigation on Behalf of RTI Surgical Holdings, Inc. Investors (RTIX)

Provided By Business Wire

Last update: Jun 9, 2020

The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of RTI Surgical Holdings, Inc. ("RTI Surgical" or "the Company") (NASDAQ: RTIX) concerning whether the board breached its fiduciary duties to shareholders.

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In 2020, a shareholder class action was filed against RTI Surgical in federal court on behalf of purchasers of RTI Surgical shares. The shareholder complaint alleged, among other things, that RTI Surgical violated federal securities laws by inappropriately recognizing revenue and having ineffective internal controls over financing.

Our investigation concerns whether the Company’s board of directors breached its fiduciary duties to shareholders and/or grossly mismanaged the Company in connection with the above alleged misconduct.

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If you purchased RTI Surgical shares before March 7, 2016 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200609005669/en/

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