Saxena White P.A. Has Filed a Securities Fraud Class Action Against AtriCure Inc.


BOCA RATON, FL--(Marketwire - January 16, 2009) - Notice is hereby given that Saxena White P.A. has filed suit on behalf of shareholders of AtriCure Inc. ("AtriCure" or the "Company") (NASDAQ: ATRC) in the United States District Court for the Southern District of Ohio.

The complaint seeks damages for violations of federal securities laws on behalf of all investors who purchased AtriCure stock between May 10, 2007 and October 31, 2008, inclusive (the "Class Period"). AtriCure is a medical device company engaged in the development, manufacture and sale of cardiac surgical ablation systems designed to create precise lesions, or scars, in cardiac tissue.

During the Class Period, the complaint alleges that defendants fraudulently inflated AtriCure's securities prices by improperly promoting its products to physicians and improperly causing the filing of false claims for reimbursement. On October 31, 2008, AtriCure shocked investors when the Company revealed that it had received a letter from the U.S. Department of Justice - Civil Division (the "DOJ") informing the Company that the DOJ was conducting an investigation for potential False Claims Act and common law violations relating to the Company's surgical ablation devices.

As a result of this news, the Company's shares declined $2.53 per share, or 39.41 percent, to close on November 3, 2008, at $3.89 per share, on unusually heavy trading volume.

You may obtain a copy of the complaint from the Court, by contacting Saxena White P.A. through its website www.saxenawhite.com, by emailing jwhite@saxenawhite.com or gstone@saxenawhite.com, or by calling (561) 394-3399.

If you purchased AtriCure stock between May 10, 2007 and October 31, 2008, you may wish to contact Joe White or Greg Stone at Saxena White P.A. to discuss your rights and interests:

If you wish to apply to be the lead plaintiff in this action, a motion on your behalf must be filed with the court no later than February 10, 2009. You may contact Saxena White P.A. to discuss your rights regarding the appointment of lead plaintiff and your interest in the class action. Please note that you may also retain counsel of your choice and need not take any action at this time to be a class member.

Saxena White P.A, which has offices in Boca Raton and Boston, specializes in prosecuting securities fraud and complex class actions on behalf of institutions and individuals. Currently serving as lead counsel in numerous securities fraud class actions nationwide, the firm has recovered hundreds of millions of dollars on behalf of injured investors and is active in major litigation pending in federal and state courts throughout the United States.

Contact Information: Joseph E. White, III Greg Stone Saxena White P.A. 2424 North Federal Highway, Suite 257 Boca Raton, FL 33431 Tel: (561) 394-3399 Fax: (561) 394-3382 www.saxenawhite.com