InMode Ltd. Faces Multiple Class Action Lawsuits Over Alleged Securities Fraud

Investors allege misleading statements and regulatory violations between June 2021 and October 2023.

Multiple law firms have filed class action lawsuits against InMode Ltd., alleging securities fraud.
Investors claim InMode made false statements regarding product pricing and demand.
Allegations include violations of FDA regulations through off-label marketing and failure to report injuries.
InMode's stock price plummeted following revelations of routine product discounting and lowered revenue guidance.
Investors have until April 15, 2024, to join the class action lawsuits and potentially recover losses.