ATLANTA, Feb. 11, 2010 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York against Stryker Corporation ("Stryker" or the "Company") (NYSE:SYK) and certain of its officers. The complaint alleges, among other things, that Stryker violated federal securities laws by engaging in a fraudulent scheme to make the Company appear more profitable than it was. According to the complaint, Stryker failed to comply with FDA requirements regarding quality controls for its manufacturing processes.
Holzer Holzer & Fistel, LLC is currently investigating whether certain officers and directors of Stryker complied with the fiduciary duties they owed to the Company and its shareholders in connection with the conduct alleged in the class action lawsuit. If you have continuously owned Stryker common stock since at least January 2007 and are interested in learning more about your legal rights or if you have information that may be useful to our investigation, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.