STRATASYS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $200,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Stratasys Ltd. -- SSYS


NEW ORLEANS, March 27, 2015 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 6, 2015 to file lead plaintiff applications in a securities class action lawsuit against Stratasys Ltd. (Nasdaq:SSYS) if they purchased the Company's securities between June 19, 2013 and February 2, 2015, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Minnesota.

What You May Do

If you purchased shares of Stratasys and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 6, 2015.

About the Lawsuit

Stratasys and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On February 2, 2015, Stratasys announced that its revenue for the fourth quarter of 2014 would be lower than the estimates made by analysts, largely due to problems with its recent acquisition of the MakerBot subsidiary. Stratasys stated that expenses and delays related to the MakerBot 3D platforms caused Stratasys to increase its impairment charge to the goodwill value of MakerBot to $100 million to $110 million, pointing to slower growth of MakerBot products and services revenues

On this news, the price of Stratasys' shares plummeted by 28%.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.



            

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