Rosen Law Firm Encourages Masimo Corporation Investors to Learn About Securities Class Action Investigation – MASI

NEW YORK, July 5, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation (NASDAQ: MASI) arising from allegations that Masimo may have provided materially misleading business information to investors.

Now what: If you purchased Masimo securities, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action lawsuit to recover investors’ losses.

Next Steps: To join the proposed class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=24978 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action lawsuit.

What it’s about: On May 7, 2024, after the market close, Masimo filed its Quarterly Report on Form 10-Q with the Securities and Exchange Commission (“SEC”) disclosing, among other things, that the “Company received a civil investigative order from the DOJ (Department of Justice) under the False Claims Act, 31 U.S.C. §§ 3729-3733, dated March 25, 2024, requesting documents and information related to customer returns of the Company’s Rad-G® and Rad-97® products, including returns related to the Company’s recall of select Rad-G® products in 2024.”

On this news, Masimo’s share price fell 11.75% on May 8, 2024.

Why Rosen Law: We encourage investors to select qualified attorneys with a track record of success in leadership positions. Often, the firms that file lawsuits do not have comparable experience, resources, or significant peer recognition. Many of these firms do not litigate securities class actions. Choose your attorney wisely. Rosen Law Firm represents investors around the world and focuses on securities class actions and shareholder derivatives litigation. Rosen Law Firm has achieved the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services in 2017 for number of securities class action settlements. The firm has been in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Law Firm of Rosen, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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Source: The Rosen Law Firm, PA