Pending Case

AxoGen, Inc.

NASDAQ: AXGN

AxoGen, Inc. (AXGN) Investigated For Violations of Federal Securities Laws by Block & Leviton LLP

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Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether AxoGen, Inc. (“AxoGen” or the “Company”) (NASDAQ: AXGN) and certain of its officers and directors violated federal securities laws.

On December 18, 2018, Seligman Investments issued a report titled, “An Overhyped, Cash-Burning Reverse Merger At 12X Revenue.” According to this report, “[a] number of former [AxoGen] employees allege channel stuffing [at AxoGen], given that the company's consignment model creates potential for abuse, as well as alleging questionable revenue recognition practices.” Further, the report states that “allegations additionally include misleading operating metrics, with one former rep implying that the company's definition of 'active accounts' may overstate the actual number by a factor of ten.”

Since the Seligman Investments report was issued AxoGen’s stock price has plunged falling $6.17 per share or approximately 22% to close at $21.36 per share on December 18, 2018.

If you have purchased or otherwise acquired AxoGen securities and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorney Dan DeMaria at (888) 868-2385, by email at dan@blockesq.com, or by visiting http://shareholder.law/axogen.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

Contact us to learn more about this lawsuit.

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