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Faruqi & Faruqi, LLP Announces Investigation of Mindray Medical International Limited

^{Published on 2011-08-03 20:41:18 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Mindray Medical International Limited. (aMindraya or the aCompanya) (NYSE: MR). Faruqi & Faruqi, LLP seeks to determine whether Mindray violated federal securities laws in connection with statements made to the Companya™s shareholders.

Request more information now by clicking here: [ www.faruqilaw.com/MR ].

The investigation focuses on whether certain individuals violated federal securities laws by, among other things, failing to disclose that: (1) the Company was experiencing declining sales domestically, as a result of a lack of Chinese government tenders and a slowdown in non-tender Chinese sales; (2) the Companya™s sales of its diagnostics and ultrasound equipment were not performing according to internal expectations; (3) the Company was finding increased competition in penetrating the market for larger hospital systems in China; and (4) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company and its prospects.

Take Action

If you purchased Mindray securities between January 11, 2010 and August 9, 2010, and you would like to discuss your legal rights, visit [ www.faruqilaw.com/MR ]. You can also contact us by calling Juan E. Monteverde toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [ jmonteverde@faruqilaw.com ]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Mindraya™s conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.

About Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP is a national law firm, representing investors, consumers and companies in the prosecution of claims under state corporate and consumer laws and the federal securities and antitrust laws. The firm is focused on providing exemplary legal services in complex litigation. Founded in 1995, the firm maintains its principal office in New York City, with offices in Delaware, California, Florida and Pennsylvania. The lawyers at Faruqi & Faruqi, LLP have demonstrated a clear commitment to championing the rights of shareholders and consumers nationwide.

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