NEW YORK, NY / ACCESSWIRE / March 24, 2024 / If you suffered a loss on your InMode Ltd. (NASDAQ:INMD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
https://zlk.com/pslra-1/inmode-lawsuit-submission-form?prid=72445&wire=1
or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against InMode Ltd. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between June 4, 2021 and October 12, 2023.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) InMode heavily discounts almost every device it sells; (ii) demand for InMode's products was driven by InMode's willingness to discount its products; (iii) InMode violated U.S. Food and Drug Administration ("FDA") regulations by engaging in off-label marketing and promoting products for treatment of indications for which they lack FDA approval; and (iv) InMode violated FDA regulations by failing to timely report injuries caused by its devices.
WHAT'S NEXT? If you suffered a loss in InMode stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/inmode-lawsuit-submission-form?prid=72445&wire=1 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP