Sarraf Gentile LLP Files Class Action Lawsuit Against ArthroCare Corp.

NEW YORK, NY--(Marketwire - April 7, 2008) - The law firm of Sarraf Gentile LLP filed a class action lawsuit on behalf of all persons who purchased the common stock of ArthroCare Corporation ("ArthroCare" or the "Company") (NASDAQ: ARTC) between August 4, 2006 and January 23, 2008, inclusive (the "Class Period"). The action is pending in the United States District Court for the Southern District of Florida.

The Complaint alleges that ArthroCare and certain of its officers violated the federal securities laws by issuing materially false and misleading statements concerning the Company's business and financial results during the Class Period. Specifically, the Complaint alleges that ArthroCare's reported financial results were materially false and misleading as a result of: (i) ArthroCare's improper recognition of revenue from transactions with DiscoCare, Inc., which were contingent in nature; and (ii) ArthroCare's improper recognition of revenue from transactions with Device Reimbursement Services, an undisclosed, related party. The Complaint further alleges that these material misrepresentations artificially inflated the price of ArthroCare stock, causing the price of ArthroCare to trade as high as $64.84 per share during the Class Period.

If you purchased ArthroCare common stock during the Class Period, you may, no later than June 3, 2008, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation. Although your ability to share in any recovery is not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members.

For more information about the case, the claims, and your rights, please contact Sarraf Gentile LLP who will, without obligation or cost to you, attempt to answer your questions. Sarraf Gentile LLP is active in major class action litigations pending across the nation. You may contact Sarraf Gentile LLP at 11 Hanover Square, New York, New York 10005 (telephone: 212-868-3610; e-mail: joseph@sarrafgentile.com).

ATTORNEY ADVERTISING. Prior results do not guarantee a similar outcome.

Contact Information: Contact: Joseph Gentile SARRAF GENTILE LLP 11 Hanover Square New York, NY 10005 T 212.868.3610 F 212.918.7967 www.sarrafgentile.com