NEVRO SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
131
NEVRO 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 Nevro Corp. - NVRO

NEW ORLEANS, La., Aug. 25, 2018 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 22, 2018 to file lead plaintiff applications in a securities class action lawsuit against Nevro Corp. (NYSE: NVRO ), if they purchased the Company’s shares between January 8, 2018 and July 12, 2018, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Northern District of California.

What You May Do

If you purchased shares of Nevro 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/nyse-nvro/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 22, 2018 .

About the Lawsuit

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

On July 10, 2018, analysts reported that a tentative court ruling in patent litigation involving Nevro nullified at least five patents related to the Company’s “proprietary” HF10 pain therapy and Senza delivery systems, which resulted in some analysts downgrading the Company.  Then, on July 13, 2018, the Company disclosed pre-market that it had terminated the employment of James Alecxih, Vice President, Worldwide Sales.

News of both events caused the price of Nevro’s shares to plummet, wiping out over $650 million in market capitalization.

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 l ewis.kahn@ksfcounsel.com 1-877-515-1850 1100 Poydras St., Suite 3200 New Orleans, LA 70163 

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Angels on Call: Leading Dementia Care Recognition

Updated Category News Views 18

A Milestone in Dementia Care Excellence Angels on Call Homecare has done what no other U.S. homecare provider seems to have managed—nab recognition from the Alzheimer's Association Curriculum Review while also holding the Purple Flag accreditation. That's a combo meal of accolades in the world of dementia care, and it speaks volumes about their commitment to top-notch...

Continue Reading
Ecopetrol Prices $2B Bonds Amid Strategic Overhaul

Updated Category News Views 44

Digging Deep into Ecopetrol's Bond Move When a company like Ecopetrol drops a $2 billion bond offering, it's no small potatoes. This isn't just bookkeeping—it's a power move as part of a strategic shift, or at least, that's how they want the market to see it. The numbers look solid, but let's dig into why this matters beyond the flashy headlines. The Bond Offering:...

Continue Reading
Western Sydney Opens Greenfield Airport Ahead of Schedule

Updated Category News Views 0

Western Syndey Airport Takes Off Ahead of Time In a triumphant twist that would make even the weariest infrastructure veteran raise a toast, Western Sydney International Airport—also known as Nancy-Bird Walton Airport—officially opened its gates to passengers on October 25, 2026. It’s the first major greenfield international airport in Australia in over half a...

Continue Reading
Envista's $430M Senior Notes: A Market Move Decoded

Updated Category News Views 20

Envista on the Move with $430M Notes Ever feel like the market's a bit like a rollercoaster with no brakes? That's kind of where we're at with Envista Holdings Corporation (NYSE: NVST) rolling out this new financial play. They just priced a hefty $430 million in Senior Notes at a solid 6.250% due 2033. In terms of the investment world, that's a pretty big splash. The...

Continue Reading
Retail's AI Ambitions Clash with In-Store Data Realities

Updated Category News Views 127

AI's Lofty Goals Meet Retail's Messy Reality I swear, all this chatter about AI transforming retail sounds grand until you dig into the messy trenches, right? This latest Scandit survey lays it bare: retailers have got their AI visions sprinting ahead of the stock data realities inside their stores. Seems those shiny new systems rely on stock data that matches what's...

Continue Reading
2026 Shaw Prize: Celebrating Science's Global Impact

Updated Category News Views 60

Shaw Prize: A Global Stage for Science When it comes to celebrating scientific breakthroughs, the Shaw Prize is the gold standard. On November 10th, 2026, the event unfolded at the iconic Hong Kong Convention and Exhibition Centre, and it was all about honoring those pushing the envelope in science. It’s year 23 for the Shaw Prize, and this ceremony didn’t just hand...

Continue Reading
Fraud Prevention in B2B Payments: Insights From XTransfer

Updated Category News Views 73

Getting the Right Perspective on Fraud Prevention In B2B finance, it's not just about checking boxes and ticking off compliance lists. It's about grasping the full situation—something that financial bigwigs at XTransfer, led by Bill Deng, know all too well. With scams on the rise globally, it’s a game of cat and mouse, and you better believe the mouse is just getting...

Continue Reading
Tech Vet's Career Shift: Seniors Helping Seniors Launches

Updated Category News Views 79

From Silicon Valley Hustle to Heartfelt Care So, Lindsey Keefner, a seasoned pro from Pasadena's tech scene, is ditching the buzz of artificial intelligence to focus on something raw and real—human connection. After two decades of tech gigs, this ex-exec is launching a branch of Seniors Helping Seniors® in Pasadena-Glendale. And let me tell you, this isn't about profit...

Continue Reading
Ortho Molecular and HANS: Streamlining Functional Medicine

Updated Category News Views 130

Functional Medicine Gets a Tech Boost The world of functional medicine just got a major shot in the arm, courtesy of an intriguing alliance between Ortho Molecular Products and HANS.FM. First of all, let's address the elephant in the room: clinicians in this field aren't exactly on a coffee break. They’re buried under mountains of paperwork, often spending hours just...

Continue Reading
Membrane's USDM1 Integration: A Game-Changer?

Updated Category News Views 114

Fresh Bonds Meet Digital Rails In the ever-changing landscape of institutional finance, innovation comes wrapped in unexpected packages, and this time it's got a digital bow on it. Membrane Labs and M1X Global recently announced the integration of USDM1, a snazzy USD-denominated sovereign bond, right into Membrane's established institutional credit and lending...

Continue Reading

Top 5 Most Recently Viewed Articles

Celebrating Two Years of Market Resilience: Key Players in S&P 500

Updated Category News Views 104

Two Years of Resilience in the Bull Market The current trend of the bull market has reached a significant milestone, marking two years since its commencement. This journey has exhibited remarkable endurance, overcoming fears of recession, rising interest rates, and significant skepticism from among investors. Commencing from a low point on October 12, 2022, the S&P 500...

Continue Reading
Micropsi Industries Transitions to U.S. Headquarters for Growth

Updated Category News Views 139

Micropsi Industries Moves Headquarters to the U.S. for Better Growth Micropsi Industries, a leading provider of AI software for industrial robots, has made a significant decision to move its headquarters to the United States. This shift, previously rooted in Germany, aims to strengthen the company’s connections with customers in North America. By establishing a new base...

Continue Reading
Dollar Tree's Strategic Buyback: A Path to Growth and Value

Updated Category News Views 137

Dollar Tree's Strategic Buyback Program Explained Management teams often initiate buyback programs to achieve two primary objectives. The first reason is to capitalize on undervalued stock, allowing companies to enhance their capital in a controlled manner. The second reason focuses on providing existing shareholders with a more efficient return mechanism compared to...

Continue Reading
Marsico Financial Group Strengthens Resources with Care Accounting Acquisition

Updated Category News Views 109

Marsico Financial Group Expands Services through Acquisition Marsico Financial Group, known for its dedication to providing top-notch accounting and financial advisory services, has made a significant move that promises to enhance its offerings for clients. The firm recently announced its acquisition of Care Accounting, a well-regarded financial services provider located...

Continue Reading
Target Enhances Wellness Offerings for a Healthier Lifestyle

Updated Category News Views 220

Target Expands Wellness Product Line for a Healthier You Target Corporation (NYSE: TGT) is taking significant steps to enhance its wellness offerings, aiming to solidify its position as the go-to destination for health-conscious consumers. With an impressive 30% growth in its wellness assortment, the retailer is set to introduce thousands of new, trendy products tailored...

Continue Reading