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AVITA MEDICAL INVESTIGATION: Bragar Eagel & Squire, P.C. Reminds AVITA Medical Investors to Contact the Firm Regarding the Ongoing Investigation on Behalf of Stockholders
Globenewswire· 2025-10-16 21:43
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avita Medical, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Avita has engaged in practices that may have harmed investors, particularly in light of recent financial disclosures [2]. Financial Performance - On August 7, 2025, Avita reported a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [6]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [6]. - Following this announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [6].
AVITA REMINDER: Bragar Eagel & Squire, P.C. Reminds AVITA Medical Investors to Contact the Firm Regarding the Ongoing Investigation on Behalf of Stockholders
Globenewswire· 2025-10-09 16:49
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avita Medical, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1]. Investigation Details - The investigation is focused on whether Avita has engaged in practices that may have harmed investors, particularly in light of recent financial disclosures [2]. Financial Performance - On August 7, 2025, Avita reported a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year. The backlog was attributed to delays in pricing determinations by contractors from the Centers for Medicare & Medicaid Services [6]. - The accumulation of unpaid claims led to uncertainty among providers, resulting in a reduction of Recell utilization during the first half of 2025 [6]. - Following the announcement of these issues, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [6].
AVITA (RCEL) INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into AVITA Medical, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-03 11:45
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avita Medical, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Avita has engaged in practices that may have harmed investors, particularly in light of recent financial disclosures [1][2]. Financial Performance - On August 7, 2025, Avita reported a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [6]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [6]. - Following this announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [6].
Securities Fraud Investigation Into AVITA Medical, Inc. (RCEL) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Globenewswire· 2025-09-30 00:45
Core Viewpoint - The Law Offices of Frank R. Cruz is investigating AVITA Medical, Inc. for potential violations of federal securities laws following significant financial issues related to unpaid claims for its Recell procedures [1][2]. Financial Performance - On August 7, 2025, AVITA Medical reported its second quarter 2025 financial results, indicating a six-month backlog in unpaid provider claims for Recell procedures, which negatively impacted first-half demand [2]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers and reduced utilization of Recell [2]. Stock Market Reaction - Following the announcement of the financial issues, AVITA's stock price dropped by $1.13, or 21%, closing at $4.25 per share on August 8, 2025, resulting in losses for investors [2].
AVITA INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating AVITA Medical, Inc. on Behalf of Avita Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 21:24
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avita Medical, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation focuses on whether Avita has engaged in practices that may have harmed investors, particularly in light of recent financial disclosures [2]. Financial Performance - On August 7, 2025, Avita reported a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [6]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [6]. - Following this announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [6].
AVITA ALERT: Bragar Eagel & Squire, P.C. is Investigating AVITA Medical, Inc. on Behalf of Avita Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-15 21:45
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against AVITA Medical, Inc. for possible violations of federal securities laws and unlawful business practices, particularly related to a significant backlog of unpaid claims affecting the company's financial performance [1][3]. Financial Performance - On August 7, 2025, Avita reported a six-month backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [3]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [3]. - Following the announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [3]. Legal Investigation - The law firm is encouraging investors who suffered losses in Avita to contact them to discuss their legal rights and options [1][4]. - The investigation aims to determine if Avita's actions constituted violations of securities laws, which could have implications for investors [1]. Company Background - AVITA Medical, Inc. is involved in the wound care sector, specifically with its product Recell, which has faced operational challenges due to the backlog of claims [3]. - Bragar Eagel & Squire, P.C. is a recognized law firm that represents investors in complex litigation across various jurisdictions [5].
RCEL Investors Have Opportunity to Join AVITA Medical, Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2025-09-11 19:31
Core Viewpoint - The Schall Law Firm is investigating AVITA Medical, Inc. for potential violations of securities laws, focusing on misleading statements and undisclosed information that may have affected investors [1][2]. Company Summary - AVITA Medical, Inc. (NASDAQ: RCEL) reported a significant backlog in unpaid provider claims for RECELL procedures, which impacted demand in the first half of 2025 [2]. - The backlog was attributed to failures by contractors from the Centers for Medicare & Medicaid Services, leading to uncertainty among providers regarding payment expectations and timelines [2]. Legal Context - The investigation by the Schall Law Firm aims to determine if AVITA Medical misled investors regarding its financial health and operational challenges [1][2]. - Shareholders who have suffered losses are encouraged to participate in the investigation [2].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AVITA Medical, Inc. - RCEL
Globenewswire· 2025-09-10 18:51
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by AVITA Medical, Inc. and its officers or directors, following significant financial issues reported by the company [1][3]. Financial Performance - On August 7, 2025, AVITA reported a six-month backlog in unpaid provider claims for Recell procedures, which negatively impacted first-half demand [3]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers and reduced utilization of Recell procedures [3]. - Following the announcement, AVITA's stock price dropped by $1.13, or 21%, closing at $4.25 per share on August 8, 2025 [3].
Securities Fraud Investigation Into AVITA Medical, Inc. (RCEL) Continues – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
GlobeNewswire News Room· 2025-09-04 15:00
Core Points - Glancy Prongay & Murray LLP is investigating AVITA Medical, Inc. for potential violations of federal securities laws [1] - AVITA Medical reported a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of 2025 [2] - The company's stock price dropped by 21%, closing at $4.25 per share following the announcement of the backlog [2] Company Summary - AVITA Medical, Inc. (NASDAQ: RCEL) is facing scrutiny due to a backlog of unpaid claims related to its wound care product, Recell, which has created uncertainty among providers [2] - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims [2] Legal Context - Investors who lost money on AVITA Medical are encouraged to inquire about potential claims to recover losses [2] - The investigation by Glancy Prongay & Murray LLP may lead to legal actions if violations are confirmed [1][2]
AVITA Medical, Inc. (RCEL) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
GlobeNewswire News Room· 2025-09-03 21:00
Core Insights - Avita Medical, Inc. is under investigation for potential violations of federal securities laws following a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted first-half demand [1][3]. Financial Performance - On August 7, 2025, Avita reported its second quarter 2025 financial results, indicating a six-month backlog in unpaid provider claims for Recell procedures [3]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers and reduced utilization of Recell [3]. Stock Market Reaction - Following the announcement of the backlog and its implications, Avita's stock price dropped by $1.13, or 21%, closing at $4.25 per share on August 8, 2025, resulting in losses for investors [3].