BENSALEM, Pa., Sept. 29, 2023 (GLOBE NEWSWIRE) --
Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.
Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
Tandem Diabetes Care, Inc. (NASDAQ:TNDM)
Class Period: August 3, 2022 – November 2, 2022
Lead Plaintiff Deadline: November 7, 2023
The complaint alleges that throughout the Class Period the defendants: (1) failed to adequately account for the potential impact of the release of Omnipod 5 and the impact of that product on the Company's revenue; (2) deliberately misled investors regarding the impact of Omnipod 5 on revenue; (3) misled investors by creating the false impression that the factors which led to the decreased sales guidance in August – competition, COVID, and inflation – had not been adequately controlled for and were, in fact, improving; (4) deliberately misled investors when stating that the second half of 2022 had been adequately predicted; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked ...