Investigation Overview
April 2, 2015 (Shareholders Foundation) - An investigation for current long-term investors of Vocera Communications Inc (NYSE:VCRA) shares over potential securities laws violations in connection with the secondary offering from September 7, 2012.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Vocera Communications Inc (NYSE:VCRA) concerning certain statements by Vocera Communications Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
In August 2013 a lawsuit was filed against Vocera Communications Inc over alleged violations of Securities Laws. The plaintiff alleges that Vocera Communications Inc failed to disclose the severity of the negative impact that healthcare reform and federal budget sequestration were having on sales of the Company's communication products to hospitals.
Shares of Vocera Communications Inc declined from $31.10 per share in September 2012 to as low as $7.58 per share in October 2014.