NEW ORLEANS, Sept. 21, 2018 /PRNewswire/ -- ClaimsFiler,
a FREE shareholder information service, reminds investors that they
have until October 22, 2018 to
file lead plaintiff applications in a securities class action
lawsuit against Nevro Corp. (NYSE: NVRO), if they purchased the
Company's shares between January 8,
2018 and July 12, 2018,
inclusive (the "Class Period"). This action is pending in
the United States District Court
for the Northern District of California.
Get Help
Nevro investors should visit us at
https://www.claimsfiler.com/cases/view-nevro-corporation-securities-litigation
or call toll-free (844) 367-9658. Lawyers at Kahn Swick &
Foti, LLC are available to discuss your legal options.
About the Lawsuit
Nevro and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On July 10, 2018, analysts
reported that a tentative court ruling in patent litigation
involving Nevro nullified at least five patents related to the
Company's "proprietary" HF10 pain therapy and Senza delivery
systems, which resulted in some analysts downgrading the
Company. Then, on July 13,
2018, the Company disclosed pre-market that it had
terminated the employment of James
Alecxih, Vice President, Worldwide Sales.
News of both events caused the price of Nevro's shares to
plummet, wiping out over $650 million
in market capitalization.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler