NEW ORLEANS--(BUSINESS WIRE)--
ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 6, 2019 to file lead plaintiff applications in a securities class action lawsuit against Inogen, Inc. (INGN). Investor losses must relate to purchases of the Company’s shares between November 8, 2017 and February 26, 2019. This action is pending in the United States District Court for the Central District of California.
Inogen investors should visit us at https://www.claimsfiler.com/cases/view-inogen-inc-securities-litigation-1 or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
On February 26, 2019, the Company disclosed disappointing 4Q and FY 2018 financial results, greatly decreased its fiscal 2019 net income guidance, and reduced its prior estimate of its total addressable market metric of 2.5 to 3 million patients, which it blamed on declining domestic business sales from one national homecare provider.
On this news, the price of Inogen’s shares plummeted.
The case is Fabbri v. Inogen, Inc., et al., No. 19-cv-1643.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.