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EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Penumbra, Inc.

Newsfile Corp.
·1 min read

New York, New York--(Newsfile Corp. - December 16, 2020) - Levi & Korsinsky notifies investors that it has commenced an investigation of Penumbra, Inc. ("Penumbra" or the "Company") (NYSE: PEN) concerning possible violations of federal securities laws.

On November 9, 2020, Quintessential Capital Management an activist report titled "Penumbra and its 'killer catheter: A tale of corporate greed and seemingly blatant disregard for patients' lives".

Then on December 8, 2020, Quintessential Capital Management released a follow-up research report alleging that at least one author of papers promoting the Company and its products was in fact a fake internet persona.

Following this news, Penumbra's share price fell $19.95 per share to close at $204.07 per share on December 8, 2020. To obtain additional information, go to:

https://www.zlk.com/pslra-1/penumbra-inc-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/70461