NASDAQ: IRTC Lawsuit Notice: Investors who lost money with iRhythm Technologies, Inc. (NASDAQ: IRTC) shares should contact the Shareholders Foundation

SAN DIEGO, May 02, 2024 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of iRhythm Technologies, Inc. (NASDAQ: IRTC).

Investors, who purchased iRhythm Technologies, Inc. (NASDAQ: IRTC) shares and continue to hold any of those NASDAQ: IRTC) shares, have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

On February 06, 2024, a lawsuit was filed against iRhythm Technologies, Inc. over alleged securities laws violations.

The lawsuit seeks to recover losses on behalf of certain investors in NASDAQ: IRTC shares.

The plaintiff alleges that the defendants falsely represented to investors that the Zio AT monitor was a real-time monitor intended for high-risk patients, that the Defendants repeatedly touted the potential growth for the Zio AT as an innovative product that had only just begun to penetrate the market for real-time monitoring, which investors looked upon favorably given the premium selling price associated with devices approved for high-risk patients, and that as a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices between January 11, 2022, and May 30, 2023.

Those who purchased iRhythm Technologies, Inc. (NASDAQ: IRTC) shares and continue to hold any of those NASDAQ: IRTC) shares, have also certain options and should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
[email protected] 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

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