NASDAQ: ORGO

Organogenesis Holdings Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Organogenesis Holdings Inc. (NASDAQ: ORGO) between March 17, 2021 and October 11, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 8, 2022.

If you purchased Organogenesis securities during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:March 17, 2021 through October 11, 2021
If you purchased Organogenesis securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

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

  • Organogenesis improperly billed the federal government for its Affinity (a wound covering product) and PuraPly XT (an antimicrobial barrier) products by, among other things, setting the price for those products multiple times higher than similar products;
  • the Company improperly induced doctors to use its Affinity and PuraPly XT products through lucrative reimbursements;
  • as a result of all the foregoing, the Company’s revenue and profits derived from its Affinity and PuraPly XT products were at least in substantial part unsustainable; and
  • as a result, the Company’s public statements were materially false and misleading 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Organogenesis Holdings Inc.
Stock Symbol: ORGO
Class Period: March 17, 2021 through October 11, 2021
Court: United States District Court for the Eastern District of New York

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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