IRVINE, Calif., April 26, 2017 /PRNewswire/ -- Khang & Khang LLP (the "Firm") announces a class action lawsuit against Invuity, Inc. ("Invuity" or the "Company") (Nasdaq: IVTY). Investors who purchased or otherwise acquired shares between July 19, 2016 and November 3, 2016, inclusive (the "Class Period"), are encouraged to contact the Firm by the April 28, 2017 lead plaintiff motion deadline.
If you purchased Invuity shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at email@example.com.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the Complaint, during the Class Period, Invuity issued materially false and/or misleading statements about its operations and results, and misrepresented its ability to sustain its average revenue per account. On November 3, 2016, Invuity revealed its financial results for its third quarter of 2016, lowering its guidance and noting a drop in average revenue per account. When this information was released to the public, shares of Invuity dropped in value materially, which harmed investors according to the Complaint.
If you wish to learn more about this lawsuit, or if you have any questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at firstname.lastname@example.org.
This press release may constitute Attorney Advertising in some jurisdictions.
Joon M. Khang, Esq.
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SOURCE Khang & Khang LLP