Seastar Medical Litigation Update: Levi & Korsinsky Appointed Lead Counsel

A class action lawsuit against Seastar Medical Holding Corp. will proceed with Levi & Korsinsky as lead counsel.  

On December 27, 2024, Federal Magistrate Judge Timothy O'Hara signed an order consolidating multiple lawsuits against Seastar into a single suit.  The suits allege Seastar deceived investors about aspects of a merger, including an application to the FDA.  

The Court found Levi & Korskinsky to be well-suited to lead this litigation, writing the firm is "is experienced in securities litigation an has been lead counsel in similar actions."   The Court appointed Raffi Khajerian as lead plaintiff. 

A copy of the order can be found here.