NEW YORK, NY / ACCESSWIRE / April 11, 2024 /
iRhythm Technologies, Inc. (NASDAQ:IRTC)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between January 11, 2022 and May 30, 2023 the Company made false and/or misleading statements and/or failed to disclose that: (i) the Company falsely represented to investors that the Zio AT monitor was a real-time monitor intended for high-risk patients; (ii) the Company repeatedly touted the potential growth for the Zio AT as an innovative product that had only just begun to penetrate the market for real-time monitoring, which investors looked upon favorably given the premium selling price associated with devices approved for high-risk patients; and (iii) as a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices.
If you are an IRTC investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Hut 8 Corp. (NASDAQ:HUT)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between November 9, 2023 and January 18, 2024 the Company made materially false and/or misleading statements and/or failed to disclose that: (i) one of U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp.'s ("USBTC") largest shareholders is an undisclosed related party; (ii) USBTC's core asset has historically failed to provide energy and high-speed internet; (iii) the profitability of certain USBTC assets were overstated; and (iv) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you are a HUT investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Xponential Fitness, Inc. (NYSE:XPOF)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between July 26, 2021 and December 7, 2023the Company made materially false and/or misleading statements and/or failed to disclose the full truth about Xponential's business prospects by concealing that over 50% of its studios did not earn a positive financial return, nearly all of its brands were losing money monthly, it had permanently closed down at least thirty locations, many of its franchises were listed for sale at a fraction of their original purchase prices, and by misstating key company performance metrics.
If you are an XPOF investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
InMode Ltd. (NASDAQ:INMD)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that between June 4, 2021 and October 12, 2023 the Company made misrepresentations and omissions related to: (i) the price at which it sells its devices, which reflects the demand for those products; and (ii) its compliance with FDA regulations, including the FDA's prohibition on off-label marketing of devices and the FDA's requirements for the reporting of injuries.
If you are an INMD investor and owned the shares during the period of alleged wrongs, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: jlifshitz@lifshitzlaw.com
SOURCE: Lifshitz Law Firm, P.C.
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