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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Inspire Medical. Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Lesley F. Portnoy
Portnoy Law Firm Announces Class Action on Behalf of Inspire Medical. Investors

The Portnoy Law Firm announced a class action lawsuit against Inspire Medical for allegedly making false statements about their Inspire V product launch, resulting in significant stock price decline and reduced earnings guidance.

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The company is accused of misleading investors about its product launch, failed to complete essential launch tasks, experienced poor product demand, reduced earnings guidance by over 80%, and saw stock price drop by 32%