Nevro Corp

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Case Summary
Company Name: Nevro Corp
Stock Symbol : NYSE: NVRO
Class Period Start: 01/08/2018
Class Period End: 07/12/2018
Lead Plaintiff motion: 10/22/2018
Date Filed: 08/22/2018
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 October 22, 2018 lead plaintiff deadline in a class action lawsuit filed against Nevro Corp (NYSE: NVRO) (“Nevro” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Nevro Corp securities between January 8, 2018 and July 12, 2018, have until October 22, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Nevro Corp 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 and/or allegedly failed to disclose that Nevro had engaged in a fraudulent scheme by using protected confidential and proprietary trade secrets and stolen documents from its competitors to develop and enhance the Company’s Senza systems; as a result, the Company’s Senza systems were not “novel” or “proprietary;” these practices caused the Company to be vulnerable to increased litigation expenses and adverse legal and regulatory action; as a result, Nevro’s U.S. sales growth was not sustainable; and as a result of the foregoing, Defendants’ statements about Nevro’s business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

If you were negatively impacted by your investment in Nevro Corp securities between January 8, 2018 and July 12, 2018 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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