Integer (US:ITGR) Prnewswire·2025-12-13 01:46Core Viewpoint - A class action has been filed against Integer Holdings Corporation (ITGR) for allegedly misleading investors about the demand for its electrophysiology (EP) devices, which has reportedly declined significantly [2][3]. Group 1: Allegations and Market Position - The complaint claims that Integer Holdings Corporation misrepresented its market position in the growing EP market and overstated the demand for its EP devices [2]. - Contrary to the company's claims, demand for Integer's EP devices has significantly decreased, with revenue growth from these devices decelerating instead of outpacing market growth [2]. Group 2: Financial Guidance and Stock Impact - On October 23, 2025, Integer revised its full-year 2025 guidance, projecting net sales growth of -2% to 2% and organic sales growth of 0% to 4% for 2026 [3]. - The company acknowledged that two of its EP devices faced slower-than-expected market adoption, which is anticipated to continue affecting demand into 2026 [3]. - Following this announcement, Integer's stock price dropped by $35.22 per share, a decline of over 32%, closing at $73.89 per share on the same day [3].