Shareholder alert: goldberg law pc announces an investigation of stryker corporation

Los angeles--(business wire)--goldberg law pc, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of stryker corporation (“stryker” or the “company”) (nyse: syk). if you purchased or otherwise acquired stryker shares, and would like more information about the investigation, we encourage you to contact michael goldberg or brian schall, of goldberg law pc, 1999 avenue of the stars, suite 1100, los angeles, ca 90067, at 800-977-7401, to discuss your rights without cost to you. you can also reach us through the firm’s website at http://www.goldberglawpc.com, or by email at info@goldberglawpc.com. the investigation focuses on 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 u.s. food & 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. following this news, stryker’s stock price dropped. if you have any questions concerning your legal rights, please immediately contact goldberg law pc at 800-977-7401, or visit our website at http://www.goldberglawpc.com, or email us at info@goldberglawpc.com. goldberg law pc represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation. this press release may be considered attorney advertising in some jurisdictions under the applicable law and rules of ethics.
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