Legal

Investment Firm Announces Critical Deadline in Inari Medical Class Action Lawsuit

Published June 28, 2024

Investors are alerted to the fast-approaching July 12, 2024, deadline to file a lead plaintiff motion in the class action lawsuit against Inari Medical, Inc. NARI. The lawsuit pertains to allegations that the company may have issued materially misleading business information to the investing public.

The Case Overview

The legal case against Inari Medical, Inc. NARI, a leading developer of medical devices catered to venous diseases, was initiated on behalf of investors who bought or otherwise obtained Inari shares. The litigation aims to address concerns over possible inaccuracies and misstatements that could have affected decisions made by investors.

Deadline Reminder for Investors

Glancy Prongay & Murray LLP, representing the investors, emphasizes the importance of the July 12 deadline. Investors who fail to file a lead plaintiff motion by this date would not be formally represented in the lawsuit. The firm encourages investors who have been affected to act promptly to ensure their interests are safeguarded.

Background on Inari Medical, Inc.

With its headquarters nestled in Irvine, California, Inari Medical, Inc. NARI has emerged as an influential commercial-stage medical device company. Its focused mission is to innovate and deliver solutions that fundamentally alter the treatment of venous diseases, impacting patient lives across the United States.

The Importance of Investor Vigilance

This lawsuit serves as a critical reminder of the importance of diligence and transparency in communications from publicly-traded companies like Inari Medical, Inc. NARI. It is a stark example of the potential risks involved in the investment world and the need for investors to stay informed and vigilant.

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