Saxena White Appointed Co-Lead Counsel in Merit Medical System, Inc. Securities Class Action

Saxena White P.A. is pleased to announce that on February 24, 2020, the United States District Court for the Central District of California appointed the City of Atlanta Police and Fire Pension Funds, and the Employees’ Retirement System of the City of Baton Rouge and Parish of East Baton Rouge as Lead Plaintiff, and Saxena White as Co-Lead Counsel in the securities fraud class action against Merit Medical Systems, Inc. The action alleges that during the Class Period, Defendants materially misrepresented and failed to disclose numerous integration issues relating to its acquisitions of Cianna Medical, Inc. and Vascular Insights, LLC., and that sales of acquired company products had slowed considerably.