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Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Vocera Communications, Inc.

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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of Vocera Communications, Inc. (“Vocera” or the “Company”) (NYSE:VCRA) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by Vocera between March 28, 2012 and May 3, 2013 concerning its operations and financial prospects.

Vocera is a provider of mobile communication solutions to healthcare and non-healthcare markets and offers software applications, hands-free wearable voice-controlled communication badges and smartphones, in addition to consulting, training and technical support services. On May 2, 2013 Vocera announced financial results for the first quarter of 2013 that were significantly below analysts’ expectations and previously issued guidance. The Company also sharply reduced its previous revenue guidance for full-year 2013 -- from a range of $120 million to $130 million, to between $100 million and $110 million -- and reduced its guidance for non-GAAP earnings per share. Following this news, the price of Vocera common stock plummeted more than 37%– closing at an all-time low of $12.15 per share on May 3, 2013.

The investigation is related to allegations that the Company issued false and/or misleading statements and/or failed to disclose: (1) the extent of adverse impact that healthcare reform was having on the sales of the Company’s communication products to hospitals; and (2) the extent of adverse impact that the federal budget sequestration was having on sales of the Company’s communication products to government hospitals.

If you purchased Vocera securities, 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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