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Spectranetics Corporation Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors
[August 31, 2015]

Spectranetics Corporation Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors


Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor LLP announce that a federal class action lawsuit has been filed against Spectranetics Corporation ("Spectranetics" or "Company") (NASDAQ: SPNC) and several officers and directors for acts taken during the period of February 19, 2015 to July 23, 2015 (the "Class Period").

Based upon the allegatons in the class action, the firms are investigating additional legal claims against the officers and Board of Directors of Spectranetics. If you are an affected Spectranetics shareholder and want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at [email protected], Patrick Powers at Powers Taylor LLP via email at [email protected], or call toll free at (877) 728-9607. There is no cost or fee to you.



In the complaint, the defendants are alleged to have violated certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges that Spectranetics reported its financial results for the second quarter of 2015 on July 23, 2015, lowering its prior revenue guidance, which it claims was affected by competitive drug-coated balloon launches and ongoing sales team optimization. When the truth emerged the Company's stock fell over 35%.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.


Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.


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