Law Offices of Howard G. Smith announces an investigation on behalf of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) investors concerning the Company’s possible violations of federal securities laws.
On May 7, 2024, Masimo disclosed that it had received a subpoena from the Department of Justice (“DOJ”) in February “seeking documents and information related to the Company’s Rad-G and Rad-97 products, including information relating to complaints surrounding the products and the Company’s decision to recall select Rad-G products in 2024.”
On this news, Masimo’s stock price fell $15.98, or 11.8%, to close at $120.02 on May 8, 2024, thereby injuring investors.
If you purchased Masimo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240513372584/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
