Class Action Lawsuit against Advanced Medical Optics, Inc. Announced
A securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock of Advanced Medical Optics, Inc. between January 4, 2007 and May 25, 2007. The class action lawsuit was filed for the Central District of California. The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market, thereby artificially inflating the price of Advanced Medical. Recently AMO voluntarily pulled their products from shelves when a rare and extremely painful infection of the cornea called acanthamoeba keratitis was linked to the use of AMO's Complete MoisturePlus Multi Purpose contact lens solution.
