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Lead Plaintiff Deadline
Apr 15, 2024
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The filed complaint alleges that InMode Ltd. made materially false and/or misleading statements and/or failed to disclose that: (i) InMode heavily discounts almost every device it sells; (ii) demand for InMode’s products was driven by InMode’s willingness to discount its products; (iii) InMode violated U.S. Food and Drug Administration (“FDA”) regulations by engaging in off-label marketing and promoting products for treatment of indications for which they lack FDA approval; and (iv) InMode violated FDA regulations by failing to timely report injuries caused by its devices.
In order to be eligible to join the INMD class action lawsuit, you must have incurred a loss on shares of InMode purchased during the class period listed above.
If you suffered a loss in InMode during the relevant time frame or pursuant to the relevant offering(s), you have until April 15, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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