LOS
ANGELES, Aug. 5, 2024 /PRNewswire/ -- The DJS
Law Group reminds investors of a class action lawsuit against CVRx,
Inc. ("CVRx" or "the Company") (NASDAQ: CVRX) for violations
of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5 promulgated thereunder by
the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of CVRX during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CASE DETAILS: The investigation focuses on whether the
Company issued false and/or misleading statements and/or failed to
disclose information pertinent to investors. The Centers for
Medicare and Medicaid Services ("CMS") issued proposed payment
rates for outpatient and Ambulatory Surgical Center ("ASC")
services on July 10, 2024.
Piper Sandler issued a note
indicating that under the CMS rules, reimbursement for CVRx's heart
failure device would fall by 38.1% for ASC services and by 32.9%
for hospital outpatient services. Based on this news, shares of
CVRx fell by more than 38.5% on the same day.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP