The filed complaint alleges that Integer Holdings Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) Integer materially overstated its competitive position within the growing electrophysiology manufacturing market; (2) despite Integer’s claims of strong visibility into customer demand, the Company was experiencing a sustained deterioration in sales relating to two of its electrophysiology devices; (3) in turn, Integer mischaracterized its electrophysiology devices as a long-term growth driver for the Company’s cardio & vascular segment; and (4) as a result of the above, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.