Opportunity to Act: Paragon 28 Investors Join Forces
The Rosen Law Firm, well-known for advocating investor rights globally, issues a crucial reminder for individuals who acquired shares of Paragon 28, Inc. (NYSE: FNA) between May 5, 2023, and September 20, 2024. These investors have the unique opportunity to step up as lead plaintiffs in a major securities fraud lawsuit that has already been initiated by the firm. If your financial losses exceed $100,000 during this period, your participation is essential to help orchestrate a strong legal response.
Why You Should Care
The lawsuit is primarily geared towards those who purchased Paragon 28’s common stock or were involved in trading certain options linked to the stock. By joining this class action, you might recover damages without incurring any out-of-pocket expenses, thanks to a contingency agreement facilitated by The Rosen Law Firm. This type of lawsuit consolidates claims from various investors to provide a united front against corporate misconduct.
Next Steps for Interested Investors
Interested parties can swiftly become part of the action by visiting
Rosen Legal Submission Page. Alternatively, you can reach out directly to Phillip Kim, an attorney at the firm, via toll-free number 866-767-3653 or through email at [email protected]. As a lead plaintiff, you will serve as a significant representative for other investors, guiding the litigation process. But act fast—the deadline for this lead plaintiff motion is November 29, 2024.
Credibility of The Rosen Law Firm
It's crucial to select an experienced legal team to handle these types of securities class actions. The Rosen Law Firm boasts an impressive track record, being recognized as the firm that secured the largest settlement against a Chinese company at one point in time. Their ranking by ISS Securities Class Action Services places them at No. 1 for securities class action settlements in 2017, with consistent high rankings throughout subsequent years. In 2019 alone, they managed to recover over $438 million for aggrieved investors.
Details of the Allegations
According to the complaint filed, the executives at Paragon 28 Inc. are accused of making materially misleading statements during the class period. Key allegations include financial misrepresentation, a lack of adequate internal controls, and an overall failure to disclose significant issues affecting the firm's operations and profitability. When the reality of these misstatements came to light, investors suffered substantial financial losses.
Class Certification Status
It’s important to note that a class has yet to be certified in this matter. Until that happens, prospective class members must either choose a counsel on their own or remain passive. Participation as a lead plaintiff is not essential for any investor wanting to share in potential recoveries—future compensation may be available regardless of this designation.
Stay Informed
Investors keen on maintaining awareness of updates are encouraged to follow The Rosen Law Firm on social media platforms, including LinkedIn, Twitter, and Facebook, for ongoing news and developments related to this case.
Conclusion
This is a pivotal moment for investors in Paragon 28, Inc. If you have faced losses exceeding $100K during the stated class period, now is the time to take action. With the backing of a renowned legal firm like Rosen Law, you can play a crucial role in holding corporations accountable for their actions, while potentially recovering your losses. Don’t miss the deadline—your voice matters in the pursuit of justice!