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Rosen Law Firm Encourages Paragon 28, Inc. Investors to Inquire About Securities Class Action Investigation

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Rosen Law Firm Encourages Paragon 28, Inc. Investors to Inquire About Securities Class Action Investigation

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New York, August 3, 2024 PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, announces that it has represented Paragon 28, Inc. (NYSE: Fine needle aspiration) stems from allegations that Paragon 28 may have issued materially misleading business information to the investing public.

So: If you purchased Paragon 28 securities, you may be entitled to compensation through a contingency fee arrangement without payment of any out-of-pocket fees or costs. The Rosen Law Firm is preparing a class action lawsuit seeking to recover investor losses.

What to do next: To join the anticipated class action, visit https://rosenlegal.com/submit-form/?case_id=27557 Or call Mr. Phillip Kim Toll-free: 866-767-3653 or email (email protected) Learn about class action lawsuits.

What it’s about: On July 30, 2024, after the market closed, Paragon 28 filed a Current Report on Form 8-K with the SEC. The report states, “ July 30, 2024The Audit Committee of the Board of Directors of Paragon 28, Inc. (the “Company”), in consultation with management, has concluded that the Company’s previously issued audited consolidated financial statements for the fiscal year ended December 31, 2019 December 31, 2023included in the Company’s Annual Report on Form 10-K for that year (and the related audit report by the Company’s independent registered public accounting firm), and in the unaudited condensed consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2019. March 31, 2023, June 30, 2023, September 30, 2023and March 31, 2024 Because such financial statements contain errors and are no longer reliable, it is necessary to restate these prior financial statements. Accordingly, the Company intends to restate the above financial statements by amending its Annual Report on Form 10-K for the year ended 2017. December 31, 2023 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the “Restatement”) as soon as reasonably practicable.”

Paragon 28’s shares fell on the news. $1.24 Earnings per share increased by 13.7% and closed at $7.79 Per Share July 31, 2024.

Why Choose Rosen Law: We encourage investors to choose qualified counsel with a track record of success in leadership positions. Often, the companies that issue notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these companies do not actually file securities class actions. Choose counsel wisely. Rosen Law Firm represents investors around the globe and focuses its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest-ever securities class action settlement against a Chinese company. In 2017, Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for number of securities class action settlements. The firm has been ranked in the top four each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm received over $438 million In 2020, the founding partner Lawrence Rosen Named a Titan in Plaintiffs Law by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us on LinkedIn for the latest news: https://www.linkedin.com/company/the-rosen-law-firmOn Twitter: https://twitter.com/rosen_firm Or via Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee similar results.

contact information:

Mr. Lawrence Rosen
Mr. Phillip Kim
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York City, New York 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
(email protected)
www.rosenlegal.com

SOURCE Rosen Law Firm



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