CryoLife
This article was originally published in The Gray Sheet
Executive Summary
Class action lawsuit filed July 8 in Georgia federal court by Little Rock law firm of Cauley, Geller, Bowman & Coates, LLP on behalf of shareholders who bought CryoLife stock between Aug. 11, 2000 and June 26, 2002 alleges the firm misled investors by purporting compliance with FDA regulations. CryoLife received a warning letter from FDA June 17 citing a number of validation deficiencies at its Kennesaw, Georgia facility (1"The Gray Sheet" July 1, 2002, p. 10)...