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News  ›  GlobeNewswire Inc.

INSP Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Inspire Medical Systems, Inc.

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Robbins Llp
INSP Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Inspire Medical Systems, Inc.

Robbins LLP filed a class action lawsuit against Inspire Medical Systems, alleging the company misled investors about its Inspire V medical device launch, resulting in significant stock price decline and reduced earnings guidance.

Insights
INSP   negative

Stock price dropped nearly 60%, earnings guidance reduced by over 80%, failed to complete essential launch preparations for Inspire V device, and faced poor market demand leading to significant market capitalization loss