Mako Surgical shareholders file 6 lawsuits in 4 months after stock dives (MassDevice)
Mako Surgical reveals 6 shareholder lawsuits filed in the last 4 months over accusations of "misrepresentations and omissions" that may have artificially inflated the company's shares and led to a 92% drop in value.
Mako Surgical (NSDQ:MAKO) shareholders have filed 6 lawsuits in the last 4 months, accusing the company of misstating the company's sales and financial outlook in order to artificially inflate its stock value.
In May shareholders James Harrison and Brian Barker each sued the company and its l...