Core Viewpoint - Inspire Medical Systems, Inc. is facing a class action lawsuit due to alleged misleading statements regarding the launch and performance of its Inspire V Device, which has resulted in significant financial losses for investors [1][3][5]. Company Overview - Inspire Medical Systems, Inc. is a medical technology company that develops and manufactures an implantable device for treating obstructive sleep apnea, known as the Inspire V Device [1][3]. Allegations and Issues - The lawsuit claims that the company misled investors about the Inspire V Device's launch, which was described as groundbreaking but ultimately faced poor demand and significant operational failures [3][4]. - Key failures included inadequate training for treatment centers, lack of essential IT systems, and unpreparedness for insurance claims processing, which were critical for a successful product launch [4]. Financial Impact - On August 4, 2025, the company announced a drastic reduction in its 2025 earnings guidance by over 80%, leading to a stock price drop of $42.04 per share (over 32%) in one day, erasing $1.2 billion in market capitalization [5]. - From a high of $216.71 per share on September 23, 2024, the stock price plummeted by $127.00 per share (nearly 60%), resulting in billions of dollars lost in market capitalization [5].
INSP Stockholders With Large Losses Can Lead the Inspire Medical Systems, Inc. Class Action – Contact Robbins LLP for Information Today