ROSEN, A TOP RANKED LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Penumbra, Inc. – PEN | Business

NEW YORK – (BUSINESS WIRE) – January 19, 2021–

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of buyers of the securities of Penumbra, Inc. (NYSE: PEN) between August 3, 2020 and December 15, 2020, inclusive of “School Lesson” ). The lawsuit seeks to seek compensation for penumbra investors under federal securities laws.

To participate in the Penumbra class action, go to http://www.rosenlegal.com/cases-register-2003.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email pkim@rosenlegal.com or case@rosenlegal.com for class action information.

According to the lawsuit, throughout the classroom, defendants made false and / or misleading statements and / or failed to disclose that: (1) the Jet 7 Xtra Flex had known design flaws that made it unsafe for normal use; (2) Penumbra has not adequately addressed the risk of Jet 7 Xtra Flex causing serious injury or death that has actually occurred. (3) The Jet 7 Xtra Flex has likely been recalled because of its safety issues. and (4) as a result, the public statements made by Penumbra, as set out in the complaint, have been materially false and misleading at all relevant times. When the real details hit the market, the lawsuit alleged that investors suffered damage.

A class action lawsuit has already been filed. If you want to serve as the lead plaintiff, you must transfer the court by March 16, 2021 at the latest. A lead plaintiff is a representative party who acts on behalf of other class members in directing the dispute. To join the litigation, go to http://www.rosenlegal.com/cases-register-2003.html or discuss your rights or interests in relation to this class action lawsuit. Contact Phillip Kim, Esq. the law firm Rosen free of charge at 866-767-3653 or by email at pkim@rosenlegal.com or case@rosenlegal.com.

NO CLASS HAS BEEN CERTIFIED IN THE ABOVE PROMOTION. Until a class is certified, you will not be represented by the advisor unless you keep one. You can keep the advice of your choice. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. An investor’s ability to get involved in a potential future recovery does not depend on being the lead plaintiff.

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Rosen law firm represents investors around the world and focuses on class action and shareholder derivatives litigation. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for number of class action settlements in 2017. The firm has been voted one of the top 3 every year since 2013. Law firm Rosen has achieved its largest ever class action lawsuit for securities against a Chinese company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and reputable sources. Rosen law firm has raised hundreds of millions of dollars for investors. Lawyer advertising. Previous results do not guarantee a similar result.

View source version on businesswire.com: http://www.businesswire.com/news/home/20210119005915/de/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen, PA law firm

275 Madison Avenue, 40th floor

New York, NY 10016

Tel .: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

case@rosenlegal.com

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

KEYWORD IN INDUSTRY: LEGAL PROFESSIONAL SERVICES

SOURCE: The Rosen, PA law firm

Copyright Business Wire 2021.

PUB: 01/19/2021 1:10 p.m. / DISC: 01/19/2021 1:11 p.m.

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