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Have you lost money in Integer Holdings Corporation? Contact Robbins LLP for information about your rights against ITGR.
Prnewswire· 2025-12-22 12:00
Core Insights - A class action has been filed against Integer Holdings Corporation (NYSE: ITGR) on behalf of investors who acquired its securities between July 25, 2024, and October 22, 2025, alleging misleading statements regarding the demand for its products [1][2] Allegations - The complaint claims that Integer Holdings misled investors about its market position in the electrophysiology (EP) market and overstated the demand for its EP devices, which had actually seen a significant decline [2] - Revenue growth from Integer's EP devices was reported to be decelerating, contrary to the company's claims of outpacing market growth [2] Financial Performance - 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 PE devices had slower-than-expected market adoption, with this trend anticipated to continue into 2026 [3] - Following this announcement, Integer's stock price dropped by $35.22, or over 32%, closing at $73.89 per share [3] Legal Proceedings - Shareholders interested in participating in the class action must submit their papers by February 9, 2026, to serve as lead plaintiff [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4] Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5]