Finance

Investor Alert: Deadline Approaches in DexCom, Inc. Class Action Lawsuit

Published September 19, 2024

As the legal proceedings against DexCom, Inc. DXCM continue, Glancy Prongay & Murray LLP (GPM) is issuing a final reminder to investors regarding the quickly approaching deadline to file a lead plaintiff motion. This is in connection to the class action lawsuit on behalf of individuals and entities that acquired DexCom securities and may have been affected by alleged corporate misdoings.

Understanding the Class Action Lawsuit

The class action lawsuit alleges that DexCom, Inc., a prominent developer and manufacturer of continuous glucose monitoring (CGM) systems for managing diabetes, may have provided misleading business information to the public, impacting investor decisions. The legal action focuses on whether the company and its representatives complied with federal securities laws.

Key Deadlines and Participation

Investors who have purchased or otherwise acquired DXCM securities and experienced losses during the relevant period are encouraged to contact GPM to discuss their legal rights. The deadline for filing a lead plaintiff motion is set for October 21, 2024. The lead plaintiff position is crucial as it plays a representative role on behalf of other class members in directing the lawsuit. If approved as lead plaintiff, affected investors do not need to share in any recovery on behalf of the class.

About DexCom, Inc.

Based in San Diego, California, with a significant manufacturing facility in Mesa, Arizona, DXCM specializes in developing, manufacturing, and distributing innovative CGM systems widely used within the diabetes management sector. Its products are not only prevalent in the United States but are utilized by patients across various international markets as well.

deadline, lawsuit, investors