Invuity Inc

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Case Summary
Company Name: Invuity Inc
Stock Symbol : NASDAQ:IVTY
Class Period Start: 07/19/2016
Class Period End: 11/03/2016
Lead Plaintiff motion: 04/28/2017
Date Filed: 02/27/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the Northern District of California
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the April 28, 2017 lead plaintiff deadline in a class action lawsuit filed against Invuity Inc (NASDAQ:IVTY) (“Invuity” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Invuity Inc securities between July 19, 2016 and November 3, 2016, have until April 28, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Invuity Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements about its operations and results and misrepresented its ability to sustain its average revenue per account, which serves as a critical metric for the Company's growth.

On November 3, 2016, the Company revealed its financial results for the third quarter of 2016 and, noting in part a decrease in average revenue per account, Invuity decreased its guidance.

Upon the release of this news, NASDAQ:IVTY dropped, causing investors harm.

If you were negatively impacted by your investment in Invuity Inc securities between July 19, 2016 and November 3, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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