AFIB News AFIB Stock | Acutus Medical News (#AFIB) Shareholders Class Action Lawsuit Acutus Medical
Posted by FraudNewsWire
March 25, 2022

Deadline πŸ‘‰ April 18, 2022 https://bit.ly/AFIBNASDAQ AFIB News |AFIB Stock |Acutus Medical News (#AFIB) Shareholders Class Action Lawsuit Acutus Medical

AFIB News and AFIB Stock

The lawsuit, filed in the Southern District of California, seeks to recover shareholders’ losses with NO out-of-pocket cost.
The class action alleges that:

(a) A material percentage of the Company’s A C Q Map imaging and mapping systems under evaluation had been randomly installed at sites with little, if any, consideration given to whether the healthcare providers at the selected locations were likely to adopt, or desire, the Company’s products.

(b) A material percentage of the A C Q Map systems under evaluation had been installed in locations where the Company did not possess the infrastructure necessary to appropriately educate, train, and support medical service providers on the system’s operations.

(c) As a result of (a) and (b) defendants were in the process of designing a strategic plan to terminate and relocate approximately 20% of then-existing A C Q Map systems evaluation arrangements.

(d) The Company’s management discussion and analysis was materially false and misleading and failed to disclose that the termination and relocation of approximately 20% of existing A C Q Map systems evaluation arrangements was reasonably likely to have a material adverse effect on the Company’s 2021 financial results.

(e) The Company’s risk factor discussions were materially false and misleading and made reference to potential risks without disclosing that such risks were then-existing or adequately describing the specific nature of the risks then facing the Company.

Investors who suffered losses on Acutus Medical shares, only have until April 18, 2022 to request that the court appoint you as a lead plaintiff. Acting as a lead plaintiff is not a requirement to participate in monetary recovery, but you must meet the deadline to be considered as a lead plaintiff.

Vincent Wong Esq Law Offices is here to assist you to register click here πŸ‘‰ https://bit.ly/AFIBNASDAQ

The Law Offices of Vincent Wong is a highly experienced corporate and securities firm concentrating in mergers and acquisitions, corporate finance, and securities law. We represent individual shareholders, private equity funds and investment banks in a variety of corporate transactional and litigation matters. Prior results do not guarantee similar outcomes, and this video may be considered attorney advertising under the laws of your state.

AFIB News and AFIB Stock

Keep track of your shares through our program partner, at no cost to you. Register on CORE. Join more than 150K users and protect your portfolio πŸ‘‰ https://www.compensationrecovery.com/register
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______________________Time Stamp ⌚ ________________________
00:00 AFIB News
00:15 Investors who purchased shares
00:30 Class Action Alleges
01:55 The Law Offices of Vincent Wong
01:59 To Register
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