Core Viewpoint - Rosen Law Firm is reminding investors who purchased Outset Medical, Inc. securities between August 1, 2022, and August 7, 2024, of the upcoming lead plaintiff deadline on October 28, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Outset Medical securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [1][4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [2]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [2]. Group 3: Allegations Against Outset Medical - The lawsuit alleges that during the Class Period, Outset Medical made false or misleading statements regarding its Tablo products, including marketing for unapproved uses and lacking the necessary sales team to support revenue growth [3]. - The claims suggest that these misrepresentations led to investor damages when the true details became public [3].
OM FINAL DEADLINE: RLF, A GLOBAL AND LEADING LAW FIRM, Encourages Outset Medical, Inc. Investors to Secure Counsel Before Important October 28 Deadline in Securities Class Action – OM