ROSEN, RESPECTED INVESTOR COUNSEL Continues to Investigate Securities Claims Against OrthoPediatrics Corp. – KIDS
Rosen Law Firm is investigating potential securities claims on behalf of OrthoPediatrics Corp. (NASDAQ: KIDS) shareholders due to allegations of misleading business information. A report by Culper Research alleged that OrthoPediatrics engaged in channel stuffing, significantly overstating revenues. This resulted in a 12% drop in the company’s stock price on December 3, 2020. A follow-up report termed the company as 'structurally broken' and accused it of relying on unethical practices to inflate reported revenues. Rosen Law Firm is preparing a securities lawsuit for affected shareholders.
- Rosen Law Firm is actively representing shareholders, indicating potential restitution for affected investors.
- Culper Research's reports allege OrthoPediatrics engaged in channel stuffing, overstating revenues.
- The company's stock price fell 12% following the first report, reflecting investor concerns.
- The second report referred to OrthoPediatrics as 'structurally broken', raising questions about its business sustainability.
Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of OrthoPediatrics Corp. (NASDAQ: KIDS) resulting from allegations that OrthoPediatrics may have issued materially misleading business information to the investing public.
On December 2, 2020, Culper Research published a report entitled “OrthoPediatrics Corp. (KIDS): Even Channel Stuffing Can't Save This Company[.]” The report alleged that OrthoPediatrics has “engaged in a channel stuffing scheme that has systematically and significantly overstated revenues.” On this news, the Company’s stock price fell
Then on December 14, 2020, Culper Research published a second report entitled “OrthoPediatrics Corp. (KIDS): Pleading the Fifth” in which it concluded that the Company “is a structurally broken business which has relied on nefarious tactics to inflate its reported revenues.”
Rosen Law Firm is preparing a securities lawsuit on behalf of OrthoPediatrics shareholders. If you purchased securities of OrthoPediatrics please visit the firm’s website at http://www.rosenlegal.com/cases-register-2015.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20210118005518/en/
FAQ
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