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Judge Won’t Reconsider Ruling In Securities Suit Against Medical Device Maker

Mealey's (September 13, 2016, 12:42 PM EDT) -- PHILADELPHIA — Without providing any detail, a federal judge in Pennsylvania on Sept. 9 denied a shareholder’s motion to reconsider an earlier ruling dismissing a securities class action complaint for failure to plead an actionable misrepresentation or scienter (Mark Silverstein v. Globus Medical Inc., et al., No. 15-5386, E.D. Pa.; 2016 U.S. Dist. LEXIS 113740).

(Order available. Document #57-160919-023R.)

U.S. Judge Wendy Beetlestone of the Eastern District of Pennsylvania issued the order denying the motion, which was filed by lead plaintiff Austin J. Williams on behalf...
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