Credit: tankist276/Adobe Stock Lawyers Assemble Across Country for Securities Class Action
The complaint filed Wednesday alleges an unexpected shakeup of the company's top executives on Sept. 13, 2023 caused Orthofix stock to fall by more than 30%.
August 22, 2024 at 03:10 PM
3 minute read
Securities Litigation
What You Need to Know
- A coalition of law firms are representing a class in a securities violations lawsuit against Orthofix Medical.
- The proposed class action alleges the company conspired to inflate stock price during a merger.
- The investors complain their stock value fell after a top management shakeup after the merger.
A coast-to-coast legal team has assembled to represent stockholders as a class in a securities case against Lewisville, Texas-based Orthofix Medical Inc., a global spine and orthopedics company.
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