Glancy Prongay & Murray LLP Announces Investigation on Behalf of Establishment Labs Holdings Inc. Investors (ESTA)
LOS ANGELES--(BUSINESS WIRE)--May 20, 2019--
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Establishment Labs Holdings Inc. (“Establishment Labs” or the “Company”) (NASDAQ: ESTA ) investors concerning the Company and its officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to participate.
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to email@example.com, or visit our website at www.glancylaw.com.
On April 10, 2019, Seeking Alpha published an article, alleging in relation to the Company’s accounting, “near-zero product return allowance, extremely high levels of inventory, several going concern clauses, a peripatetic CEO and a physically detached CFO.” In addition to these claims, the article also alleged that the Company provided inaccurate information to both the SEC and investors.
On this news, the Company’s share price fell $2.34, nearly 9%, to close at $21.17 on April 11, 2019, thereby injuring investors.
If you purchased Establishment Labs securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190520005833/en/
CONTACT: Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Glancy Prongay & Murray LLP
Copyright Business Wire 2019.
PUB: 05/20/2019 05:50 PM/DISC: 05/20/2019 05:50 PM