Press release
Investigation announced for Long-Term Investors in shares of Inspire Medical Systems, Inc. (NYSE: INSP) over potential Wrongdoing
An investigation on behalf of current long term investors in Inspire Medical Systems, Inc. (NYSE: INSP) shares.
Investors who are current long term investors in Inspire Medical Systems, Inc. (NYSE: INSP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: INSP stocks follows a lawsuit filed against Inspire Medical Systems, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: INSP stocks, concerns whether certain Inspire Medical Systems, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Minnesota the plaintiff alleges that, the Defendants misled investors and/or failed to disclose that despite the Acceleration Program, customers were encountering challenges with the prior authorization submission process, including with the scheduling of appointments, that a slowdown in prior authorization submissions arising from these challenges led to a shortfall of hundreds of procedures to implant the Company's OSA device, and that as a result, Defendants' positive statements about the Company's financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Inspire Medical Systems, Inc. (NYSE: INSP) 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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