INMD - INMD INVESTOR ALERT: Bronstein Gewirtz & Grossman LLC Announces that InMode Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit! | Benzinga
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against InMode Ltd. ("InMode" or "the Company") (NASDAQ:INMD) and certain of its officers.
Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired InMode securities between June 4, 2021 and October 12, 2023, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/INMD.
Case Details:
InMode is a global provider of aesthetic medical devices and technology including devices purporting to offer body sculpting and other rejuvenation technologies. The Company's target customers include dermatologists, dentists, obstetricians and gynecologists, and medical spas.
The complaint alleges that, throughout the Class Period, InMode made materially false and misleading statements and omissions concerning two topics that are of critical importance to investors:
(1) the price at which InMode sells its devices, which reflects the demand for those products; and
(2) InMode's compliance with U.S. Food and Drug Administration ("FDA") regulations, including the ...