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

• Bioventus suffered from significant liquidity issues;
• the Company’s rebate practices were unsustainable;
• accordingly, defendants overstated the Company’s business and financial prospects;
• Bioventus maintained deficient disclosure controls and procedures and internal control over financial reporting with respect to the timely recognition of quarterly rebates;
• all the foregoing increased the risk that the Company would be forced to recognize a significant non-cash impairment charge, could not timely file one or more of its financial reports, would have to amend one or more of its financial statements, and could not meet its financial obligations as they came due; and 
• as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.

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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