Plunge In Spectranetics (SPNC) Related to Federal Raid
More News related to SPNC
- Milberg LLP Continues Its Investigation On Behalf of Certain Investors of Spectranetics Corporation
- Brower Piven Announces Expanded Class Period and Encourages Investors Who Have Losses in Excess of $100,000 From Investment in The Spectranetics Corporation to Inquire About the Lead Plaintiff Positio
- Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Files Class Action Lawsuit Against The Spectranetics Corp.
- Spectranetics Receives NASDAQ Notice
- Hagens Berman Sobol Shapiro: Class Action Filed Against Spectranetics
More News related to Rumors
- Sources Say 'Highly Unlikely' That Miller Buys Yahoo! (YHOO) -CNBC
- Reports Former AOL CEO Raising Money For Yahoo! (YHOO) Deal
- Former AOL CEO John Miller In Talks With PE Shops To Buy Yahoo (YHOO)
- Reports Total Is Preparing A Bid For NEXEN (NXY)
- NEXEN (NXY) Pops On Buyout Talk
According to reports from Gazette.com, the plunge and subsequent trading halt in Spectranetics (Nasdaq: SPNC) was related to a federal raid at the company's Colorado Springs office as part of a customs investigation.
The report said agents with Immigration and Customs Enforcement told Colorado Springs police that they were investigating whether parts from an international source had been improperly received.
Shares of Spectranetics were halted at 1:05PM ET today after the sank 47% on rumors of the federal raid.
Link to Gazette.com
Related Categories
Insiders' BlogRumors
Trader Talk
Stocks Mentioned
+0.12Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
