Important shareholder alert: khang & khang llp announces an
investigation of stryker corporation and encourages investors with
losses to contact the firm
Irvine, calif.--(business wire)--khang & khang llp (the “firm”) announces that it is investigating claims against stryker corporation (“stryker” or the “company”) (nyse: syk) concerning possible violations of federal securities laws. if you purchased shares of stryker and want more information, please contact joon m. khang, esquire, of khang & khang llp, 4000 barranca parkway, suite 250 irvine, ca 92604, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com. the investigation concerns whether stryker and certain of its officers and/or directors violated federal securities laws. on august 23, 2017, the company announced that it informed the food and drug administration (“fda”) of a voluntary product recall involving specific lots of its oral care products distributed between july 2015 and august 2017. stryker’s recall followed a warning letter from the fda received on july 17, 2017, which described a potential for cross-contamination of oral care products manufactured by a third party on equipment shared with non-pharmaceutical products. after receiving reports of minor irritation and allergic reaction, the company discontinued its business relationship with the third-party supplier. based on the estimated impact of the foregoing issues on sales and operating income, stryker advised investors that the company now expects full-year organic sales growth and adjusted net earnings per diluted share to be at the lower end of its previously stated ranges of 6.5% to 7.0% and $6.45 to $6.55, respectively. when this news was announced, shares of stryker fell in value. if you have any questions concerning this notice or your rights, please contact joon m. khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com. this press release may constitute attorney advertising in some jurisdictions.
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