LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Invuity, Inc. (“Invuity” or the “Company”) (Nasdaq: IVTY). Investors who purchased or otherwise acquired Invuity shares between July 19, 2016, and November 3, 2016, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 28, 2017 lead plaintiff deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
On November 3, 2016, Invuity announced its financial results for the third quarter of 2016 and, noting in part a decrease in average revenue per account, the Company decreased its guidance. When this news was released to the public, the value of Invuity dropped, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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