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OrthoPediatrics, Corp. Investors: Company Investigated by the Portnoy Law Firm

Portnoy Law
·1 min read

Investors can contact the law firm at no cost to learn more about recovering their losses

​LOS ANGELES, Jan. 04, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises OrthoPediatrics, Corp. ("OrthoPediatrics" or the "Company") (NASDAQ: KIDS) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

Culper Research published a report on December 2, 2020 entitled “OrthoPediatrics Corp. (KIDS): Even Channel Stuffing Can't Save This Company[.]” It was alleged in this report that OrthoPediatrics has “engaged in a channel stuffing scheme that has systematically and significantly overstated revenues.” On December 3, 2020, OrthoPediatrics' stock price fell $5.40 per share on this news, or 12%, to close at $39.35 per share.

Then on December 14, 2020, Culper Research published a second report entitled “OrthoPediatrics Corp. (KIDS): Pleading the Fifth” in which it was alleged that OrthoPediatrics “is a structurally broken business which has relied on nefarious tactics to inflate its reported revenues.”

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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