(DALLAS) Kendall Law Group, led by a former federal judge, today announced that a lawsuit has been filed against Stryker Corporation (NYSE: SYK) alleging securities violations related to public statements made by the company between January 25, 2007 and November 13, 2008.

Any shareholder, who purchased Stryker stock during the above time period, may move the Court to serve as a plaintiff in this class action. If you wish to serve as lead plaintiff, you must move the Court for appointment by March 16, 2010. A lead plaintiff is a class member who acts on behalf of other class members in directing the litigation. Your ability to share in any recovery is not, affected by the decision to serve as a lead plaintiff.

The complaint, filed in the Southern District of New York, charges Stryker and certain of its officers and directors with violations of the federal securities laws regarding the Company’s financial condition due to a January 2008 hip product recall. The complaint alleges that defendants failed to comply with federal regulations regarding the manufacture of medical devices, which subjected the company to unnecessary risks of sales disruptions, lower revenues and product liabilities due to recalls. The complaint also alleges that Stryker hid hundreds of millions of dollars of additional compliance costs prior to and during the relevant period, which allowed defendants to falsely report more than 20% earnings growth for 2006 through 2008.

In an investor conference on November 13, 2009, Stryker indicated that it was still losing customers and revenues due to the January 2008 hip product recall. On this news, stock prices dropped 23%, closing at $36.11 on the November 20, 2008.

Led by a former federal judge and former U.S. Attorney, Kendall Law Group has the credentials to pursue any type of complex securities litigation in the nation. If you wish to learn more about your rights as a shareholder or have information concerning this action, contact attorney Hamilton Lindley at 877-744-3728 or hlindley@kendalllawgroup.com.