Opinion ID: 212733
Heading Depth: 3
Heading Rank: 8

Heading: Quarterly Report, Fourth Quarter 2006

Text: On February 1, 2007, NeuroMetrix hosted another conference call with investors. In the discussion of reimbursement, Mr. Gregory stated: Through the course of 2006, several Medicare carriers issued draft LCDs, or local coverage determinations, which included select potential concerns for NeuroMetrix.... We're pleased that the majority of these draft LCDs across Palmetto, Cigna, and NIHC were modified and/or not implemented.    In response, we have retained a team of reimbursement experts to assist us in assessing and challenging these coding articles. Based upon their review, ... we believe our customers should be able to perform medically appropriate NCS tests and appropriately bill them under standard NCS codes. ... Id. at 54-55 (certain omissions in original). This statement was not misleading for failing to include the same facts regarding reimbursement repeated throughout the complaint. Further, the complaint does not allege specifically that the information regarding the positive developments for reimbursement are incorrect or overstated, nor are any contrary facts specifically alleged that would alter the total mix of facts.