Financial News

Scott+Scott Attorneys at Law LLP Announces Investigation into Eargo, Inc. (EAR)

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, is investigating whether Eargo, Inc. (“Eargo” or the “Company”) (NASDAQ: EAR) and certain of its officers and directors violated federal securities laws by making materially misleading statements to investors. If you purchased or otherwise own Eargo stock, and have suffered a loss, you are encouraged to contact attorney Rhiana Swartz at rswartz@scott-scott.com or (844) 818-6980 for more information.

Eargo is a medical device company focused on hearing loss.

On September 22, 2021, after the close of trading, Eargo disclosed that it is the target of a criminal investigation by the U.S. Department of Justice (DOJ) related to insurance reimbursement claims that the Company has submitted on behalf of its customers covered by federal employee health plans. Eargo also announced it is withdrawing its financial guidance for the fiscal year ending December 31, 2021.

On this news, Eargo shares dropped more than 68% on September 23, 2021, to close at a price of $6.86, down from its previous close price of $21.67.

What You Can Do

If you purchased or otherwise own Eargo stock, and you wish to discuss this investigation, please contact attorney Rhiana Swartz at (844) 818-6980, or at rswartz@scott-scott.com, or visit the Eargo investigation page on our website at https://scott-scott.com/sec-investigation/eargo-inc/.

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, Virginia, California, and Ohio.

Attorney Advertising

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback