According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that:

• despite the Acceleration Program, a pilot program through which the customer would schedule doctor appointments online, customers were encountering challenges with the prior authorization submission process, including with the scheduling of appointments;
• a slowdown in prior authorization submissions arising from these challenges led to a shortfall of hundreds of procedures to implant Inspire Medical’s obstructive sleep apnea device; and
• as a result, defendants’ positive statements about Inspire Medical’s financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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