We are investigating RTI Surgical Holdings, Inc. (RTIX) (“RTI” or the “Company”) for potential violations of the federal securities laws.
On March 16, 2020, RTI 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.” RTI advised investors that the investigation was “precipitated by an ongoing SEC investigation related to the periods 2014 through 2016.” On this news, RTI’s stock price fell sharply during intraday trading on March 17, 2020.