NEW YORK, May 21, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Insulet Corporation (Nasdaq:PODD) between February 27, 2013 and April 30, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Massachusetts. If you purchased or otherwise acquired Insulet Corporation ("Insulet") securities between February 27, 2013 and April 30, 2015, your rights may be affected by this action. To get more information go to:
HTTP://ZLK.9NL.COM/INSULET-PODD
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that Insulet failed to disclose (a) that the Company was experiencing weaker demand for its products; (b) that the Company was having problems with its sales and marketing efforts; (c) that, as a result of the aforementioned, the Company's financial performance was uneven.
If you suffered a loss in Insulet you have until July 6, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.