A lawsuit was filed on behalf of investors in Nevro Corp. (NYSE: NVRO) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 09/06/2018 -- An investor, who purchased shares of Nevro Corp. (NYSE: NVRO), filed a lawsuit over alleged violations of Federal Securities Laws by Nevro Corp.
Investors in shares of Nevro Corp. (NYSE: NVRO) should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff claims that between January 8, 2018 and July 12, 2018, the defendants allegedly made false and/or misleading statements and/or failed to disclose that that Nevro had engaged in a fraudulent scheme by using protected confidential and proprietary trade secrets and stolen documents from its competitors to develop and enhance the Company's Senza systems, that as a result, the Company's Senza systems were not "novel" or "proprietary;", that these practices caused the Company to be vulnerable to increased litigation expenses and adverse legal and regulatory action, that, as a result, Nevro's U.S. sales growth was not sustainable, and that, as a result of the foregoing, Defendants' statements about Nevro's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Those who purchased shares of Nevro Corp. (NYSE: NVRO) have certain options and should contact the Shareholders Foundation.
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