INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Establishment Labs Holdings Inc. Investors (ESTA)
BENSALEM, Pa.--(BUSINESS WIRE)--May 17, 2019--
Law Offices of Howard G. Smith 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.
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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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/20190517005555/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2019.
PUB: 05/17/2019 06:31 PM/DISC: 05/17/2019 06:31 PM