SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of CVRx, Inc. Investors.

NEW YORK, May 6, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors in CVRx, Inc. (“CVRx” or the “Company”) (NASDAQ: CVRX). Such investors are advised to get in touch Danielle Peyton at (email protected) or 646-581-9980, extension 7980.

The investigation concerns whether CVRx and certain of its officers and/or directors engaged in securities transactions Fraud or other unlawful business practices.

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At April 30, 2024CVRx issued a press release reporting its financial and operating results for the first quarter of 2024. Among other things, CVRx reported a net loss per share of $1.04 on income from $10.8 millioncompared to analyst expectations of a net loss per share of $0.54 on income from $11.37 million. In the press release announcing the company’s results, CVRx’s president and chief executive officer described “some commercial execution challenges in our U.S. heart failure business during our recent leadership transition in February.”

On this news, CVRX’s stock price fell $5.39 per share or 34.75% to close $10.12 per share May 1, 2024.

Pomerantz LLP, with offices in new York, Chicago, Los Angeles, London, ParisAnd Tel Aviv, is considered one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the deceased Abraham L. PomerantzPomerantz, known as the dean of the class action bar, pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of securities victims Fraud, breaches of fiduciary duty and corporate misconduct. The company has recovered billions of dollars in damages on behalf of the class plaintiffs. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
(email protected)
646-581-9980 ext 7980

SOURCE Pomerantz LLP