Paragon 28, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On July 30, 2024, after the market closed, Paragon 28 filed a Form 8-K with the SEC. In the report, the Audit Committee of the Board of Directors stated that, after consulting with management, they concluded that the company’s previously issued audited financial statements for the fiscal year ending December 31, 2023, and the unaudited financial statements for the quarters ending March 31, 2023, June 30, 2023, September 30, 2023, and March 31, 2024, should no longer be relied upon due to errors. As a result, the company plans to restate these financial statements by amending its Annual Report on Form 10-K for 2023 and its Quarterly Report on Form 10-Q for March 31, 2024, as soon as possible.
Following this announcement, Paragon 28’s stock dropped by $1.24 per share, or 13.7%, closing at $7.79 per share on July 31, 2024.
