If you suffered losses in InMode stock, contact InMode stock loss lawyer Timothy L. Miles about an InMode lawsuit
INTRODUCTION THE INMODE CLASS ACTION LAWSUIT
The InMode class action lawsuit seeks to represent purchasers or acquirers of InMode Ltd. (NASDAQ: INMD) publicly traded securities between June 4, 2021 and October 12, 2023, inclusive (the “Class Period”). Captioned Cement Masons’ and Plasterers’ Local No. 502 Pension Fund v. InMode Ltd., No. 24-cv-01219 (C.D. Cal.), the InMode class action lawsuit charges InMode and certain of InMode’s top executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in InMode stock and wish to serve as lead plaintiff in the InMode class action lawsuit, or just have general questions about your rights as a shareholder, please contact InMode Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the InMode class action lawsuit must be filed with the court no later than April 15, 2024. Read on to learn eight important rights you possess as a shareholder as they relate to the InMode class action lawsuit. Again, if you have any questions, please do not hesitate to contact me whether about these rights or your rights in general as a shareholder by calling 855/846-6529 or via e-mail at [email protected]. 1. You have the right to opt-out of the Inmode lawsuit and file you own lawsuit
If you receive a notice from the court regarding the InMode class action lawsuit, you have two choices, one of which is to opt out of the class action. If you believe you have a large enough loss to justify it, you can opt out of the InMode lawsuit and file your separate lawsuit. However, if you choose to opt-out, you will not be able to participate in any settlement or recovery obtained in the InMode class action lawsuit.
2. You have the right to do nothing
By doing nothing, you will remain a member of the class represented by lead counsel, so long as you purchased during the class period and suffered a loss and may participate in any settlement or recovery.
3. you have the right to move to be appointed lead plaintif
The Private Securites Litigation Reform Act (PSLRA) permits any investor who purchased and suffered losses in InMode stock to seek appointment as lead plaintiff in the InMode class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in InMode stock and have further questions, contact InMode stock loss Lawyer Timothy L. Miles today. 4. If you are a non-us investor you have the right to serve as lead plaintiff
Courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in InMode stock, they may move the Court to be appointed lead plaintiff in the class action against InMode.
5. You have the right to be lead plaintiff even if you are currently a lead plaintiff in another securities case
Unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in InMode stock, you may move to be appointed lead plaintiff.
6. you have the right to sell your Stock and Still be a Member of the Class in the Inmode Class Action Lawsuit
There is no requirement for you to retain ownership of the stock after the class period has expired to participate in the InMode class action lawsuit.
7. You have the right to object to any settlement you do not think is fair or adquate
Objecting is telling the Court you do not believe the settlement in the InMode class action lawsuit, or some part of it, is fair or reasonable. You can file an objection only if you stay in the Class and do not exclude yourself, and you may submit a Claim Form even if you object to the settlement.
8. You have the right to hire a lawyer at no cost to you
If you suffered losses in InMode and are a member of the class, it does not cost anything to hire an InMode stock loss lawyer. Our firm litigates securities fraud cases on a contingent fee basis, so plaintiffs and the class do not pay attorneys’ fees or court costs unless there is a recovery, and the attorney fees and costs are awarded by the court as a percentage of the total recovery for the class.
Frequently Asked questionsCan I Be Appointed Lead Plaintiff in the Inmode Class Action Lawsuit if I Purchased Shares Outside of the Class Period?
No. Even if you suffered losses in InMode stock, if you purchased securities outside of the Class period, you will not be able to participate in the InMode class action lawsuit.
Will the Lead Plaintiffs Get More Money than Class Members if the InMode Class Action Lawsuit Settles?
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class. Under the PSLAR, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the InMode class action lawsuit on behalf of investors who suffered losses in InMode stock.
Can the Court Appoint More than One Lead Plaintiff?
Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs.
CONTACT AN INMODE STOCK LOSS LAWYER TODAY ABOUT AN INMODE CLASS ACTION LAWSUIT
If you suffered losses in InMode stock, contact InMode stock loss lawyer Timothy L. Miles today for a free case evaluation about an InMode class action lawsuit. Call today and see what an InMode stock loss lawyer could do for you if you suffered losses in InMode stock.
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] EVOLV STOCK LOSS LAWYER TIMOTHY L. MILES
Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |