Kaskela Law Firm Announces Investigation of Integra LifeSciences (IART) and Encourages Long-Term IART Shareholders with Investment Losses to Contact the Firm

PHILADELPHIA--(BUSINESS WIRE)--Investor litigation firm Kaskela Law announces that it is investigating Integra LifeSciences Holdings Corp. (NASDAQ: IART) (“Integra”) on behalf of the company’s long-term investors.

Click here for additional information: https://kaskelalaw.com/cases/integra-lifesciences/

Recently a securities fraud complaint was filed against Integra on behalf of investors who purchased shares of the company’s stock between March 11, 2019 and May 22, 2023 (the “Wrongdoing Period”). According to the complaint, during the Wrongdoing Period, the company issued a series of materially false and misleading statements to investors concerning “Integra’s systemic, serious, and recurring violations of current Good Manufacturing Practices (“cGMP”), which are foundational FDA regulations governing product quality and safety in connection with the manufacture of the Company’s biologic mesh.”

As further detailed in the complaint, on July 29, 2024, Integra disclosed systemic cGMP deficiencies and shipping holds across all Company facilities, requiring the company to implement a company-wide “compliance master plan to address quality system and cGMP learnings.” Significantly, the “compliance master plan” required a complete production halt on all of Integra’s key product lines. In response to this disclosure, Integra’s stock price declined 21% in value.

The investigation seeks to determine whether the members of Integra’s board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.

Current Integra shareholders who purchased or acquired their IART shares prior to April 26, 2023 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, by email at [e-mail], or online at:

https://kaskelalaw.com/cases/integra-lifesciences/

ABOUT KASKELA LAW:

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis (i.e., the firm’s clients are never responsible for any out-of-pocket costs for legal representation). Since 2020, the firm has helped to recover over $500 million for investors. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.

This communication may constitute attorney advertising in certain jurisdictions.