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TMCNet:  SHAREHOLDER ALERT: Investigation on Behalf of InspireMD, Inc. Investors Announced by Law Offices of Howard G. Smith

[April 30, 2014]

SHAREHOLDER ALERT: Investigation on Behalf of InspireMD, Inc. Investors Announced by Law Offices of Howard G. Smith

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of InspireMD, Inc. ("InspireMD" or the "Company") (NYSE MKT:NSPR). The investigation concerns possible violations of federal securities laws, and focuses on the Company's operations and financial prospects.

InspireMD is a medical device company focused on the development and commercialization of proprietary MGuard stent platform technology. The Company's MGuard stent is an embolic protection device based on a protective sleeve, which is constructed out of an ultra-thin polymer msh and wrapped around the stent. The investigation is related to InspireMD's April 30, 2014, announcement that Company has initiated a Voluntary Field Action (VFA) following recent reportsĀ of MGuard Prime EPS stent dislodgements. According to the Company, these reports "have primarily occurred during the preparation of the MGuard Prime EPS, upon removal of the protective sleeve or during withdrawal of the MGuard Prime EPS into the guide catheter."


The Company further announced that, as a result of the VFA, the Company has temporarily suspended enrollment in its MASTER II FDA trial, pending a review by the U.S. Food and Drug Administration of the modifications to the MGuard Prime EPS, and anticipates the agency's review is likely to delay enrollment in the trial for approximately three to six months.

If you purchased InspireMD securities prior to April 30, 2014, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.


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