LOS
ANGELES, Aug. 8, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against Paragon
28, Inc. ("Paragon 28" or "the Company") (NYSE:
FNA) 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 FNA 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. Paragon filed an 8-K
with the SEC on July 30, 2024. The
filing stated, "On July 30, 2024, the
Audit Committee of the Board of Directors (the "Audit Committee")
of Paragon 28, Inc. (the "Company"), in consultation with
management, concluded that the Company's previously issued audited
consolidated financial statements for the fiscal year ended
December 31, 2023, contained within
the Annual Report on Form 10-K for that year (and the associated
audit report of the Company's independent registered accounting
firm) and the unaudited condensed consolidated financial statements
contained within the Quarterly Reports on Form 10-Q for the
quarterly periods ended March 31,
2023, June 30, 2023,
September 30, 2023, and March 31, 2024 should no longer be relied upon
due to errors in such financial statements, and therefore a
restatement of these prior financial statements is required.
Accordingly, the Company intends to restate the aforementioned
financial statements by amending its Annual Report on Form 10-K for
the year ended December 31, 2023 and
its quarterly report on Form 10-Q for the quarter ended
March 31, 2024 (the "Restated
Filings") as soon as reasonably practicable."
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