Press release
Deadline on Nov. 7th coming up in the Lawsuit that was filed for certain investors in Tandem Diabetes Care, Inc. (NASDAQ: TNDM)
A Deadline is coming up on November 7, 2023in the lawsuit for certain investors in Tandem Diabetes Care, Inc. (NASDAQ: TNDM).
Investors who purchased shares of Tandem Diabetes Care, Inc. (NASDAQ: TNDM) have certain options and there are strict and short deadlines running. Deadline: November 7, 2023. NASDAQ: TNDM stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of California the plaintiff alleges on behalf of purchasers of Tandem Diabetes Care, Inc. (NASDAQ: TNDM) common shares between August 3, 2022 and November 2, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 3, 2022 and November 2, 2022, the defendants made false and/or misleading statements and/or failed to disclose that: Tandem Diabetes misled investors by creating the false impression that the impact of competitors' products was minimal or less than expected, that Tandem Diabetes' forecasting processes failed to adequately account for the potential impact of the release of Omnipod 5, a competing product, and the impact of that product on Tandem Diabetes' revenue, and that Tandem Diabetes created the false impression that the factors which led to decreased sales guidance in August 2022 - competition, the COVID-19 pandemic, and inflation - had been adequately controlled for and were, in fact, improving.
Those who purchased shares of Tandem Diabetes Care, Inc. (NASDAQ: TNDM) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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