Shareholders pound Orthofix with lawsuits over restated financials

August 21, 2013 by Brad Perriello

A raft of shareholders sue Orthofix after the medical device company's plan to restate its financials sends share prices down 16% in a day.

Shareholders pound Orthofix with lawsuits over restated financials

Shareholders of Orthofix (NSDQ:OFIX) piled a raft of lawsuits on the medical device company, accusing it of failing to warn investors that would have to restate its financial results going back to 2011.

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