Legal

ROSEN Law Firm Urges INSP Investors to Act Before Deadline in Class Action

Published February 2, 2024

NEW YORK, Feb. 01, 2024 – Investors of Inspire Medical Systems, Inc. INSP, a medical technology company specializing in treatments for obstructive sleep apnea (OSA), are called to action by the renowned ROSEN Law Firm. The firm, which prides itself on advocating for investor rights globally, is reminding those who acquired common stock of INSP during the period from May 3, 2023, to November 7, 2023, inclusively, to seek legal counsel ahead of an important impending deadline.

Understanding the Class Action

A securities class action has been initiated against Inspire Medical Systems, Inc. following allegations that the company may have issued materially misleading business information to the investing public. This period, known as the "Class Period," is crucial for those holding stock in INSP, as it pertains to their rights to possibly recover investment losses under the federal securities laws.

Who Is Affected?

Investors who purchased INSP stock within the defined Class Period may be eligible to participate in the class action. It is imperative for these investors to be aware of the approaching February 20th deadline to file for lead plaintiff status or to be represented in the class action suit against Inspire Medical Systems.

The Role of ROSEN Law Firm

The ROSEN Law Firm positions itself as a leading entity that specializes in securities class actions, representing parties that have experienced financial losses due to corporate misconduct. With a team of seasoned litigators, the firm provides guidance and assistance through what can be a complex legal process. Affected INSP investors are urged to contact the firm to ensure they secure the counsel needed to navigate this securities class action effectively and within the limited timeframe available.

Implications for Inspire Medical Systems, Inc.

Inspire Medical Systems, Inc., headquartered in Golden Valley, Minnesota, is at the forefront of developing minimally invasive approaches to treating OSA. The outcome of this securities class action may have significant implications for the company's future operations, investor confidence, and market performance. As the case unfolds, shareholders and potential investors should closely monitor the situation and consider the impact of these events on their investment strategy for INSP.

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