Abiomed, Inc. Class Action Lawsuit - ABMD

Company
Abiomed, Inc. (NASDAQGS: ABMD)
Lead Plaintiff Deadline
October 7, 2019 (Expired)
Class Period
November 1, 2018 - July 31, 2019

Expired

Lead Plaintiff Deadline

Oct 7, 2019

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Allegations

(i) Abiomed’s revenue growth was in decline; (ii) the Company did not have a sufficient plan in place to stem its declining revenue growth; (iii) the Company was unlikely to restore its revenue growth over the next several fiscal quarters; (iv) consequently, Abiomed was reasonably likely to revise its full-year 2020 guidance in a way that would fall short of the Company’s prior projections and market expectations; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the ABMD class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until October 7, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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