A Deadline is coming up on May 26, 2021 in the lawsuit for certain investors in Repro Med Systems, Inc.
San Diego, CA -- (SBWIRE) -- 05/24/2021 -- A deadline is coming up on May 26, 2021 in the lawsuit filed for certain investors of Repro Med Systems, Inc. (NASDAQ: KRMD).
Investors who purchased shares of Repro Med Systems, Inc. (NASDAQ: KRMD have certain options and there are strict and short deadlines running. Deadline: May 26, 2021. NASDAQ: KRMD stockholders should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Repro Med Systems, Inc. (NASDAQ: KRMD) common shares between August 4, 2020 and January 25, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 4, 2020 and January 25, 2021, the Defendants failed to disclose to investors that starting in January 2020, KORU ramped up the use of allowances, including growth rebates, to retain key customers and to incentivize growth, that as the rebates accrued, the Company's net sales were reasonably likely to decline, and that as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Repro Med Systems, Inc. (NASDAQ: KRMD) have certain options and should contact the Shareholders Foundation.
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