BVS - INVESTIGATION ALERT: Kaskela Law LLC Announces Shareholder Investigation of Bioventus Inc. (NASDAQ: BVS) and Encourages Long-Term Investors to Contact the Firm | Benzinga

PHILADELPHIA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it has commenced an investigation into Bioventus Inc. (NASDAQ:BVS) ("Bioventus") on behalf of the company's long-term investors.

Recently an amended securities fraud complaint was filed against Bioventus on behalf of investors who purchased shares of the company's stock between February 11, 2021 and March 30, 2023 (the "Class Period"). According to the complaint, during the Class Period Bioventus and certain of the company's senior executives issued "false and misleading statements about the internal controls and pricing on Bioventus's key products and its material overstatement of revenue" and earnings in violation of Generally Accepted Accounting Principles ("GAAP").

As further detailed in the complaint, ...

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