An investor in NASDAQ:IVTY shares filed a lawsuit against Invuity, Inc over alleged violations of Federal Securities Laws.
Investors who purchased shares of Invuity, Inc. (NASDAQ:IVTY) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The plaintiff claims that between July 19, 2016 and November 3, 2016, Invuity misrepresented its ability to sustain its average revenue per account, which serves as a critical metric for the Company’s growth.
On November 3, 2016, Invuity, Inc. reported its third quarter financial results and lowered its guidance.
Shares of Invuity, Inc. (NASDAQ:IVTY) declined from $14.00 per share in September 2016 to $5.10 per share.
On March 10, 2017, NASDAQ:IVTY shares closed at $8.00 per share.
Those who purchased NASDAQ:IVTY shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego