Nationally Ranked Investors’ Rights Firm Holzer and Holzer, LLC Announces Investigation of Establishment Labs Holdings Inc. (ESTA)

Rhea-AI Summary

Holzer & Holzer, LLC is investigating Establishment Labs Holdings Inc. (NASDAQ:ESTA) for potential compliance failures with federal securities laws. Following a report by Hindenburg Research, which alleged undisclosed conflicts of interest in key safety studies of Establishment Labs' breast implants, the company's stock price experienced a decline. The report claims significant pushback was received by a surgeon for publishing higher complication rates than those reported by the company. Shareholders who incurred losses are encouraged to contact Holzer & Holzer for potential legal recourse.

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• None.

Negative

• Stock price declined following allegations of undisclosed conflicts of interest in safety studies.
• Hindenburg Research report claims lead surgeon faced pushback for publishing higher complication rates.

ATLANTA, GA / ACCESSWIRE / October 19, 2022 / Holzer & Holzer, LLC is investigating whether Establishment Labs Holdings Inc. ("Establishment Labs" or the "Company") (NASDAQ:ESTA) complied with federal securities laws. On October 19, 2022, Hindenburg Research published a report alleging that many of the key safety studies of Establishment Labs' breast implants have undisclosed or under-disclosed conflicts of interest and that the lead surgeon on an unconflicted paper "received pushback from Establishment Labs for publishing evidence showing complication rates higher than reported by the Company." Following this announcement, the Company's stock price dropped.

If you purchased Establishment Labs stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/establishment-labs/ to discuss your legal rights. 

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT: 

Corey Holzer, Esq. 
(888) 508-6832 (toll-free) 
cholzer@holzerlaw.com

SOURCE: Holzer & Holzer

View source version on accesswire.com:
https://www.accesswire.com/721057/Nationally-Ranked-Investors-Rights-Firm-Holzer-and-Holzer-LLC-Announces-Investigation-of-Establishment-Labs-Holdings-Inc-ESTA

FAQ

What is the investigation by Holzer & Holzer regarding ESTA?

Holzer & Holzer is investigating Establishment Labs Holdings Inc. for potential compliance failures with federal securities laws related to safety studies.

What allegations were made by Hindenburg Research against ESTA?

Hindenburg Research alleged that key safety studies of Establishment Labs' breast implants had undisclosed conflicts of interest and highlighted higher complication rates than reported.

How did the stock price of ESTA respond to the Hindenburg Research report?

Following the report from Hindenburg Research, the stock price of Establishment Labs declined.

What can shareholders of ESTA do if they suffered losses?

Shareholders who suffered losses are encouraged to contact Holzer & Holzer for potential legal recourse.