Case Summary
Paragon 28
NYSE: FNA
Case Details
- Ellington v. Paragon 28, Inc. et al
- Class Period:May 5, 2023 - August 8, 2024
- Date Filed:September 30, 2024
- Jurisdiction:U.S. District Court, District of Colorado
- Docket Number: 1:24-cv-02712
- Lead Plaintiff Deadline: November 29, 2024
Seek Plaintiff 46
Overview
A class action lawsuit has been filed against Paragon 28, Inc. (“Paragon 28” or the “Company”) (NYSE: FNA) and certain of the Company’s former and current senior executive officers alleging violations of the federal securities laws. The Paragon 28 class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired Paragon 28 common stock between May 5, 2023, and August 8, 2024, both dates inclusive, and those who purchased Paragon 28 call options or sold put options during the Class Period (the “Class Period”). Investors have until November 29, 2024, to seek appointment as lead plaintiff in the Paragon 28 class action lawsuit.
Paragon 28 develops, distributes, and sells medical devices in the foot and ankle segment of the orthopedic implant marketplace.
The Paragon 28 class action lawsuit alleges that Defendants, throughout the Class Period, made false and/or misleading statements and/or failed to disclose that: (1) Paragon 28’s financial statements were misstated; (2) Paragon 28 lacked adequate internal controls and at times understated the extent of the issues with its internal controls; and (3) as a result, Defendant’s statements about their business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
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If you purchased or otherwise acquired Paragon 28 common stock between May 5, 2023 and August 8, 2024, both dates inclusive, and/or purchased Paragon 28 call options or sold put options during the Class Period, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page.
You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected].
The deadline to apply to the Court to serve as a lead plaintiff in the Paragon 28 class action lawsuit is November 29, 2024.