NEW YORK--(BUSINESS WIRE)--
The Klein Law Firm announces the commencement of an investigation of Meridian Bioscience, Inc. (NASDAQ:VIVO) concerning possible violations of federal securities laws.
The investigation concerns Meridian’s subsidiary, Magellan Diagnostics Inc. On May 17, 2017, the U.S. Food and Drug Administration issued a field safety notice advising that customers discontinue use of Magellan’s lead testing system with venous blood samples, following a product recall. Then on October 23, 2017, Magellan received a warning letter from the FDA following an inspection. In its press release of the same day, the FDA stated that the warning letter was the result of “several violations of federal law” by Magellan, including “marketing significantly modified versions of two of its blood lead testing systems without the FDA’s required clearance or approval and failing to submit medical device reports to the FDA after becoming aware of customer complaints involving discrepancies in blood lead test results.”
If you suffered a loss in Meridian and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/VIVO-Info-Request-Form-180.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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