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ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Paragon 28, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – FNA
CS DiscoCS Disco(US:LAW) GlobeNewswire News Room·2024-11-09 00:57

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Paragon 28, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Paragon 28 securities class action is from May 5, 2023, to August 8, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must file a motion with the Court by November 29, 2024, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [4]. Group 3: Case Allegations - The lawsuit alleges that Paragon 28 made materially false and misleading statements regarding its financial statements and internal controls [5]. - It is claimed that the company understated issues with its internal controls, leading to misleading statements about its business and prospects [5]. - The lawsuit asserts that investors suffered damages when the true details about the company's situation became public [5].