Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Has Been Filed Against ArthroCare Corporation (NASDAQ: ARTC)

Market Wire, July, 2008

A shareholder class action lawsuit has been filed in the United States District Court for the Western District of Texas against ArthroCare Corporation ("ArthroCare" or the "Company") (NASDAQ: ARTC) and certain of its officers and directors on behalf of purchasers of ArthroCare common stock, who purchased shares between January 24, 2008 and July 18, 2008, inclusive (the "Class Period").

The lawsuit alleges the Company violated the Securities Act of 1934 by making false and misleading statements to the public in its press releases and in its Securities Exchange Commission filings. Specifically, the lawsuit alleges that the Company misstated its revenue and otherwise lacked sufficient internal corporate controls.

If you are a shareholder of ArthroCare common stock with questions concerning your legal rights, you are invited to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com , or mdees@holzerlaw.com , or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.