San Diego, CA -- (SBWIRE) -- 11/30/2021 -- The Shareholders Foundation announced that a deadline is coming up on December 6, 2021 in the lawsuit filed for certain investors of Eargo, Inc. (NASDAQ: EAR).

Investors who purchased shares of Eargo, Inc. (NASDAQ: EAR) have certain options and there are strict and short deadlines running. Deadline: December 6, 2021. Eargo, Inc. (NASDAQ: EAR) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Eargo, Inc. (NASDAQ: EAR) common shares between February 25, 2021 and September 22, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 25, 2021 and September 22, 2021, the Defendants failed to disclose to investors that Eargo had improperly sought reimbursements from certain third-party payors, that the foregoing was reasonably likely to lead to regulatory scrutiny, that, as a result and because the reimbursements at issue involved the Company's largest third-party payor, Eargo's financial results would be adversely impacted, and that as a result, Defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times.

Those who purchased shares of Eargo, Inc. (NASDAQ: EAR) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.