Holzer Holzer & Fistel Files Class Action Lawsuit Against Genzyme

Holzer Holzer & Fistel, has filed a class action lawsuit in the US District Court for the District of Massachusetts on behalf of purchasers of Genzyme Corporation, who purchased shares between June 26, 2008 and July 21, 2009, inclusive.

The lawsuit alleges that Genzyme failed to disclose certain problems it was experiencing at two of its manufacturing facilities. The complaint alleges that this resulted in significant production problems that negatively impacted the company’s revenues.

Holzer Holzer & Fistel is an Atlanta, Georgia-based law firm that dedicates its practice to representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation.