Los Angeles Lawsuit Alert
The Law Offices of Frank R. Cruz announces that investors with substantial losses have the opportunity to lead the securities fraud class action lawsuit against Outset Medical, Inc. (“Outset Medical” or the “Company”) ticker symbol OM.
Key Dates and Participation
Class Period: August 1, 2022 – August 7, 2024
Lead Plaintiff Deadline: October 28, 2024
If you are a shareholder who suffered a loss, click here to participate.
Allegations and Claims
The complaint alleges that during the Class Period, Defendants failed to disclose to investors critical information related to Outset Medical’s Tablo products. This includes misleading marketing practices and potential risks that were not adequately communicated to shareholders. Consequently, the company’s revenue growth prospects were significantly impacted, and investors were purportedly misled by the lack of transparent communication.
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To be a member of the class action, you need not take any immediate action. You may retain counsel of your choice or decide to remain an absent member. For further information on the lawsuit or inquiries, please contact Frank R. Cruz at The Law Offices of Frank R. Cruz in Century City, California, or visit their website.
Legal Disclaimer
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.