#USA #New York #Gross Law Firm #Securities Class Action #Inspire Medical

Inspire Medical Systems Investors Alert

The Gross Law Firm has issued a crucial notice for investors of Inspire Medical Systems, Inc. (NYSE: INSP). Shareholders who acquired shares of INSP are encouraged to take action as a class action lawsuit is ongoing. This article delves into the details related to the lawsuit and the steps shareholders need to take.

Class Action Overview

The lawsuit addresses the period from August 6, 2024, to August 4, 2025, during which it is alleged that the company provided misleading statements regarding its new product launch, Inspire V. The complaint states that the launch was not successful as claimed, and there was a significant lack of demand, with many treatment centers sitting on surplus inventory.

Key Allegations

The defendants have reportedly concealed critical information about the product launch, particularly regarding the lack of preparedness for the transition to Inspire V. Allegedly, they failed to complete essential tasks such as:

• - Conducting adequate training and onboarding for treatment center customers.
• - Setting up necessary IT systems for customer approval processes.
• - Updating critical software needed for claims processing and payment.
• - Ensuring that Medicare reimbursement was established prior to the launch.

This has raised red flags among investors who trusted the integrity of the company based on their public statements.

Next Steps for Shareholders

Investors who purchased shares of INSP during the specified timeframe are advised to register promptly for participation in the class action lawsuit. The deadline to apply as a lead plaintiff is January 5, 2026. However, it is important to note that one does not need to be a lead plaintiff to be involved in the recovery process.

By registering, shareholders will gain access to a portfolio monitoring service that will keep them informed with updates throughout the litigation process.Register here to ensure participation in the case.

The Role of Gross Law Firm

Recognized nationally, the Gross Law Firm aims to protect the rights of investors who have suffered losses due to deceptive practices. They are committed to ensuring responsible corporate behavior and seek to recover losses for investors caused by misleading statements or omitted essential information that artificially inflates stock prices.

With the deadline approaching, it’s crucial for affected shareholders to act swiftly. They are encouraged to contact the Gross Law Firm for more information or to discuss potential claims.

Contact Information

For any inquiries or more details regarding this class action lawsuit, you can reach out to:

• - The Gross Law Firm

15 West 38th Street, 12th Floor
New York, NY, 10018
Phone: (646) 453-8903
Email: [email protected]

As the situation progresses, shareholders should be vigilant and proactive in defending their rights as investors in Inspire Medical Systems.