Legal

Rosen Law Firm Urges INSP Investors to Act Prior to Crucial Deadline in Securities Class Action

Published February 4, 2024

New York, Feb. 4, 2024 (GLOBE NEWSWIRE) - Rosen Law Firm, a preeminent global investor rights law firm, has announced a reminder for the purchasers of Inspire Medical Systems, Inc. INSP stock. The reminder pertains to those who acquired shares within the period from May 3, 2023 to November 7, 2023, inclusively known as the 'Class Period'. The firm implores INSP investors to secure counsel prior to the approaching February 20 deadline in the securities class action initiated against Inspire Medical Systems, Inc.

Context Behind INSP's Legal Scrutiny

Inspire Medical Systems, Inc., headquartered in Golden Valley, Minnesota, operates as a med-tech company specializing in the advancement and marketing of minimally invasive remedies for patients suffering from obstructive sleep apnea (OSA). The current class action lawsuit alleges that during the Class Period, Inspire Medical Systems may have provided misleading information to investors or failed to disclose pertinent details that had a significant impact on the value of its stocks.

Steps for Affected INSP Shareholders

Investors who have purchased Inspire Medical Systems stock INSP and have been impacted by the alleged securities violations have a strict deadline to petition the court for lead plaintiff status. Rosen Law Firm is advocating for shareholders' rights and stressing the importance of seeking legal counsel well ahead of the deadline to ensure their representation in the legal proceedings.

The allegations against Inspire Medical Systems underline the critical need for transparency and adherence to securities regulations, which are in place to protect investors and maintain the integrity of the financial markets. Potential claimants in the action hold the option to take a proactive stance by joining the lawsuit to hold the company accountable for its actions during the noted period.

investors, deadline, lawsuit