NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors with large
financial interests that they have only until May
6, 2019 to file lead plaintiff applications in a securities
class action lawsuit against Inogen, Inc. (NasdaqGS: INGN). Investor
losses must relate to purchases of the Company’s shares between November
8, 2017 and February 26, 2019. This action is pending in the United
States District Court for the Central District of California.
What You May Do
If you purchased shares of Inogen and would like to discuss your legal
rights and how this case might affect you and your right to recover for
your economic loss, you may, without obligation or cost to you, contact
KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email
(lewis.kahn@ksfcounsel.com),
or visit https://www.ksfcounsel.com/cases/nasdaqgs-ingn/
to learn more. If you wish to serve as a lead plaintiff in this class
action by overseeing lead counsel with the goal of obtaining a fair and
just resolution, you must request this position by application to the
Court by May 6, 2019.
About the Lawsuit
On February 26, 2019, the Company disclosed disappointing 4Q and FY 2018
financial results, greatly decreased its fiscal 2019 net income
guidance, and reduced its prior estimate of its total addressable market
metric of 2.5 to 3 million patients, which it blamed on declining
domestic business sales from one national homecare provider.
On this news, the price of Inogen’s shares plummeted.
The case is Fabbri v. Inogen, Inc., et al., No. 19-cv-1643.
About Kahn Swick & Foti, LLC
KSF, whose partners include the former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contacts
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
