20/04/2019 03:50:00

INOGEN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Inogen, Inc. - INGN

NEW ORLEANS, April 19, 2019 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilMay 6, 2019 to file lead plaintiff applications in a securities class action lawsuit against Inogen, Inc. (NasdaqGS: INGN), if they purchased the Company’s shares between November 8, 2017 and February 26, 2019, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Central District of California.

What You May Do

If you purchased shares of Inogen and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-ingn/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 6, 2019.

About the Lawsuit

Inogen and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On February 26, 2019, the Company disclosed disappointing 4Q and FY 2018 financial results, greatly decreased its fiscal 2019 net income guidance, and reduced its prior estimate of its total addressable market metric of 2.5 to 3 million patients, which it blamed on declining domestic business sales from one national homecare provider.

On this news, the price of Inogen’s shares plummeted.

The case is Fabbri v. Inogen, Inc., et al., No. 19-cv-1643.

About Kahn Swick & Foti, LLC

KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

1-877-515-1850

1100 Poydras St., Suite 3200

New Orleans, LA 70163

KSF-Logo.png

Related content
28 Jun - 
Bragar Eagel & Squire is Investigating Certain Officers..
06 May - 
INGN & CTL - Bronstein, Gewirtz & Grossman, LLC Reminds..
06 May - 
Deadline Reminder: The Law Offices of Howard G. Smith R..
Del

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Textron Inc. To Contact The Firm
2
Alleged breach of loan covenants - Company announcement No 13/2019
3
Mississippi Chef Wins $100,000 and is Crowned 7th World Food Champion
4
LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Valaris plc To Contact The Firm
5
LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In SAExploration Holdings, Inc. To Contact The Firm

Related stock quotes

Inogen Inc 44.60 -0.3% Stock price decreasing

Copyright Berlingske Media 2019  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
25 August 2019 08:50:44
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20190819.1 - EUROWEB1 - 2019-08-25 09:50:44 - 2019-08-25 08:50:44 - 1000 - Website: OKAY