SAN DIEGO , Oct. 24, 2024 /PRNewswire/ -- Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Paragon 28, Inc. (NYSE: FNA).
The lawsuit seeks to recover losses on behalf of investors who acquired their securities between May 5, 2023 and August 8, 2024 , both dates inclusive (the "Class Period"). According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Paragon 28's financial statements were misstated; (2) Paragon 28 lacked adequate internal controls and at times understated the extent of the issues with its internal controls; and (3) as a result, defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you incurred significant losses and want to act as the lead plaintiff in the class action lawsuit or determine if you are eligible to receive a potential recovery of your losses, follow the link provided: POTENTIALLY RECOVER YOUR LOSSES HERE For more information, contact James Baker , (619) 814-4471, [email protected] or [email protected] Investor Action Steps: Shareholders who incurred losses during the class period, have until November 29, 2024 , to move the court to become a lead plaintiff in this action.
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