Understanding Investor Protection Through Securities Class Actions
Rosen Law Firm Investigates Paragon 28, Inc. Securities Claims
Rosen Law Firm, a renowned global law firm dedicated to protecting investor rights, is actively exploring potential securities claims for shareholders of Paragon 28, Inc. (NYSE: FNA). This inquiry stems from allegations that the company may have disseminated misleading business information to the investing community.
Why Should Investors Take Notice?
If you have purchased shares of Paragon 28, you could be entitled to compensation. Importantly, this process is established under a contingency fee arrangement, meaning you won’t incur any upfront costs. Rosen Law Firm is organizing a class action aimed at recovering the financial losses suffered by investors.
Steps to Participate in the Class Action
To get involved in this potential class action, individuals should reach out directly to Rosen Law Firm. You can fill out a form on their website or place a toll-free call to Phillip Kim, Esq. for additional information.
Recent Developments with Paragon 28
On July 30, 2024, Paragon 28 issued a significant disclosure to the SEC, indicating that the company's previously released financial statements for the year ended December 31, 2023, were no longer reliable. The firm acknowledged errors that necessitated a restatement of these documents, including several quarterly reports.
Following this announcement, Paragon 28’s stock saw a considerable drop, plummeting by $1.24 per share, amassing a 13.7% decrease and closing at $7.79 a share. This event has understandably raised concerns among investors.
The Importance of Choosing the Right Legal Representation
It's crucial for investors to engage capable legal counsel with proven success in class action lawsuits. Some firms may issue notices without having the necessary experience or resources. In contrast, Rosen Law Firm has established a reputation not only for its experience but also for having achieved the largest securities class action settlement against a Chinese company. Since 2013, they have consistently ranked among the top firms for securities class settlements.
Rosen Law Firm's Record of Success
The accomplishments of Rosen Law Firm are notable. In 2019 alone, the firm recovered more than $438 million for investors. Furthermore, founding partner Laurence Rosen has received recognition from various legal publications, affirming the firm's capacity to navigate the complexities of securities law effectively.
Getting Involved and Staying Informed
Investors interested in joining the class action can access more details directly on Rosen Law Firm’s website. Keeping abreast of developments pertaining to the case is also advisable for all affected shareholders.
For any questions or assistance related to this matter, prospective participants can directly contact the firm or track their updates on various social media platforms.
Frequently Asked Questions
What is the role of Rosen Law Firm in this investigation?
Rosen Law Firm is investigating potential securities claims for Paragon 28, Inc. investors to recover losses resulting from disputed business information.
How can investors participate in the class action?
Investors can join by filling out an online form provided by Rosen Law Firm or by contacting their office directly for assistance.
What has caused the stock drop for Paragon 28?
The significant drop was triggered by the company’s announcement that previous financial statements were unreliable, requiring restatement.
Why is it important to choose experienced legal counsel?
Selecting experienced attorneys ensures the representation is accomplished and informed, which can significantly impact the outcome of the case.
What should I do if I invested in Paragon 28?
If you have invested in Paragon 28, you should consider reaching out to Rosen Law Firm to understand your rights and potential for compensation.
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