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RTI Surgical Holdings, Inc.

Company NameRTI Surgical Holdings, Inc.
Stock SymbolRTIX
Class PeriodMarch 07, 2016 to March 16, 2020
Lead Plaintiff Motion DeadlineMay 22, 2020

On March 16, 2020, after the market closed, RTI Surgical disclosed that its Audit Committee was investigating “the Company’s revenue recognition practices regarding the timing of revenue with respect to certain contractual arrangements, primarily with OEM customers, including the accounting treatment, financial reporting and internal controls related to such arrangements.” According to RTI Surgical, the investigation was “precipitated by an ongoing SEC investigation related to the periods 2014 through 2016.”

On this news, the Company's share price fell sharply in after-hours trading on March 16, 2020. 

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