Inspire Medical Systems, Inc. Class Action Lawsuit - INSP

Company
Inspire Medical Systems, Inc. (NYSE: INSP)
Lead Plaintiff Deadline
January 5, 2026 (Expired)
Class Period
August 6, 2024 - August 4, 2025

Expired

Lead Plaintiff Deadline

Jan 5, 2026

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Allegations

According to the filed complaint, defendants made false statements and/or concealed that: In truth, the launch of the Company's new product, Inspire V, was a disaster because demand for Inspire V was poor, as providers had significant amounts of surplus inventory and were reluctant to transition to a new treatment. Moreover—and contrary to defendants’ statements assuring investors that Inspire had taken all necessary steps to ensure a successful launch and, later, that the launch was in fact proceeding successfully—Inspire had failed to complete basic tasks that were essential predicates to launch. Among other things, as defendants were ultimately forced to admit, Inspire failed to complete training and onboarding for “many” of its treatment center customers; failed to set up basic IT systems, including a customer approval process; failed to ensure that critical insurer claims software was properly updated to facilitate claims processing and payment; and failed to ensure that Medicare reimbursement was in place at the time of the launch.

Eligibility

In order to be eligible to join the INSP class action lawsuit, you must have incurred a loss on shares of Inspire Medical Systems, Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Inspire Medical Systems, Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until January 5, 2026 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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