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News  ›  GlobeNewswire Inc.

Deadline Alert: Inspire Medical Systems, Inc. (INSP) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Inspire Medical Systems, Inc. (INSP) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Inspire Medical Systems faces a class action lawsuit alleging securities fraud related to misleading statements about its new sleep apnea device launch, resulting in significant stock price decline.

Insights
DECK   neutral

Stock down 57% despite beating quarterly expectations, with solid performance from Hoka brand and historical earnings growth, suggesting potential undervaluation


INSP   negative

Company disclosed poor device launch performance, reduced earnings guidance by over 80%, experienced 32.4% stock price drop, and faces allegations of misleading investors about product and business operations