Paragon 28, Inc. Faces Shareholder Class Action Lawsuit: Johnson Fistel Encourages Shareholders to Contact the Firm Before the Lead Plaintiff Deadline

SAN DIEGO, Oct. 24, 2024 /PRNewswire/ -- Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Paragon 28, Inc. (NYSE: FNA). The lawsuit seeks to recover losses on behalf of investors who acquired their securities between May 5, 2023 and August 8, 2024, both dates inclusive (the "Class Period"). According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Paragon 28's financial statements were misstated; (2) Paragon 28 lacked adequate internal controls and at times understated the extent of the issues with its internal controls; and (3) as a result, defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you incurred significant losses and want to act as the lead plaintiff in the class action lawsuit or determine if you are eligible to receive a potential recovery of your losses, follow the link provided: POTENTIALLY RECOVER YOUR LOSSES HERE

For more information, contact James Baker, (619) 814-4471, [email protected] or [email protected]

Investor Action Steps: Shareholders who incurred losses during the class period, have until November 29, 2024, to move the court to become a lead plaintiff in this action. A lead plaintiff will act on behalf of all other class members in directing the class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor's ability to share any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.

About Johnson Fistel, LLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, LLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

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Contact:
Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
[email protected] or [email protected]

SOURCE Johnson Fistel, LLP