BOSTON, Oct. 19, 2022 (GLOBE NEWSWIRE) — Block & Leviton is investigating Establishment Labs Holdings, Inc. IS for potential securities law violations. Investors who have lost money investing in Establishment Labs Holdings, Inc. should do so contact the company to learn more about how to make up for those losses. For more information, see https://www.blockleviton.com/cases/esta.
Why is?
On October 19, 2022, Hindenburg Research released a brief report on Establishment Labs Holdings, Inc., which claimed that despite the silicone breast implant maker’s claims that its implants are safer than those of the competition, citing its scientific and data-driven “revolutionary technology”. , “[Hindenburg] found that nearly all major safety studies touted by the company have conflicts of interest, many of which are under-disclosed or under-disclosed.”
In addition, the Hindenburg report notes concerns about Establishment Lab data by Australian and French authorities, conflicts of interest with companies formerly owned by the CEO and his family, “Dozens of patient testimonies and multiple lawsuits are in stark contradiction to the establishment’s security claims.” and satisfaction” and other topics.
Establishment Labs Holdings, Inc. shares fell more than 20% in premarket trading following the release of the Hindenburg report, and shares fell more than 17% when the market opened on Oct. 19, 2022.
Who is Eligible?
Anyone who has bought Establishment Labs Holdings, Inc. stock and lost money may be eligible, whether they have sold their investment or not. Investors should contact Block & Leviton for more information.
What does Block & Leviton do?
Block & Leviton is investigating whether the company has violated securities laws and may file a lawsuit to try to recover losses on behalf of investors who have lost money.
What should you do next?
If you’ve lost money on your investment, you should contact Block & Leviton to learn more about ours case website, by email at
Read full story here https://www.benzinga.com/pressreleases/22/10/g29324887/establishment-labs-holdings-investigated-by-block-leviton-for-potential-securities-law-violations-