Lieff Cabraser Heimann & Bernstein, LLP

Lieff Cabraser Heimann & Bernstein, LLP Announces Class Action Lawsuits Against The Cooper Companies, Inc.

Lieff Cabraser announces that class action lawsuits have been brought on behalf of purchasers of the common stock of The Cooper Companies, Inc. ("Cooper" or the "Company") (NYSE: COO) between March 4, 2011 and November 15, 2011, inclusive (the "Class Period").

If you purchased the common stock of Cooper during the Class Period, you may move the Court for appointment as lead plaintiff by no later than January 27, 2012. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the action will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Cooper shareholders who wish to learn more about the action and how to seek appointment as lead plaintiff should click here or contact Sharon Lee of Lieff Cabraser toll free at (800) 541-7358.

Background on the Cooper Securities Class Litigation

The actions are brought against Cooper and certain of its executives for violations of the Securities Exchange Act of 1934. Cooper, based in Pleasanton, California, manufacturers and markets contact lenses for astigmatism, presbyopia, ocular dryness, and other visual defects. The Company also manufactures and markets medical devices, diagnostic products, surgical instruments and accessories used primarily by gynecologists and obstetricians.

The complaints allege that during the Class Period, defendants misrepresented and omitted material information regarding Cooper's financial condition, operations, and business prospects. Specifically, defendants allegedly failed to disclose serious quality control problems and manufacturing process defects at Cooper's contact lens manufacturing facilities.

In August 2011, Cooper announced that its subsidiary, CooperVision, had initiated a voluntary recall of "limited lots" of its Avaira Toric line of contact lenses manufactured in Puerto Rico. Cooper claimed that a small number of consumers had complained of hazy vision which the Company determined was due to a silicone residue in the lenses.

In October 2011, the Food and Drug Administration issued a "Class I" warning and called upon Cooper to provide clear notice to the public of the reasons for the recall and the potential for serious injuries. The FDA had reportedly received complaints of "impaired vision," "excruciating pain," and emergency room visits by consumers.

On October 12, 2011, CooperVision announced that it was continuing the recall and that it recalled approximately 600,000 Avaira Toric contact lenses thus far. The Company also disclosed that it had received additional consumer complaints of severe eye pain.

On November 15, 2011, Cooper announced that it had expanded the recall to include certain lots of Avaira Sphere contact lenses manufactured in the United Kingdom also due to the presence of silicone residue. Cooper disclosed that it had reserved $23 million for costs relating to the recall. Following this news, the price of Cooper stock fell $8.31 per share, or 12.8 percent, to close at $56.64 on unusually high trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

Since 2003, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs' law firms in the nation. In compiling the list, the National Law Journal examined recent verdicts and settlements in addition to overall track records. Lieff Cabraser is one of only two plaintiffs' law firms in the United States to receive this honor for the last nine consecutive years.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Source/Contact for Media Inquiries Only

Sharon M. Lee
Lieff Cabraser Heimann & Bernstein, LLP
Telephone: (800) 541-7358