ROSEN, A Best Rated Regulation Firm, Reminds Penumbra, Inc. Investors of Significant Deadline in Securities Course Motion – PEN

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NEW YORK, Jan. 24, 2021 /PRNewswire through COMTEX/ —
NEW YORK, Jan. 24, 2021 /PRNewswire/ — Rosen Legislation Organization, a world-wide investor legal rights legislation agency, reminds purchasers of the securities of Penumbra, Inc. (NYSE: PEN) concerning August 3, 2020 and December 15, 2020, inclusive (the “Class Time period”), of the essential March 16, 2021 deadline in the securities class action. The lawsuit seeks to recuperate damages for Penumbra investors less than the federal securities regulations.

To be a part of the Penumbra course motion, go to or connect with Phillip Kim, Esq. toll-totally free at 866-767-3653 or electronic mail [email protected] or [email protected] for details on the class action.

According to the lawsuit, defendants all over the Course Period of time built bogus and/or misleading statements and/or unsuccessful to disclose that: (1) the Jet 7 Xtra Flex had acknowledged structure problems that designed it unsafe for its regular use (2) Penumbra did not sufficiently address the threat of Jet 7 Xtra Flex creating significant injuries and deaths, which had in truth previously occurred (3) the Jet 7 Xtra Flex was possible to be recalled due to its basic safety troubles and (4) as a final result, Penumbra’s general public statements as established forth in the complaint were being materially untrue and deceptive at all pertinent periods. When the true specifics entered the market place, the lawsuit promises that investors endured damages.

A class motion lawsuit has previously been submitted. If you would like to serve as guide plaintiff, you have to transfer the Court no later than March 16, 2021. A lead plaintiff is a representative occasion acting on behalf of other course customers in directing the litigation. If you want to be a part of the litigation, go to or to talk about your legal rights or interests concerning this course motion, remember to make contact with Phillip Kim, Esq. of Rosen Regulation Company toll absolutely free at 866-767-3653 or by means of e-mail at [email protected] or [email protected].

NO Class HAS But BEEN Licensed IN THE Previously mentioned Motion. Until A Class IS Licensed, YOU ARE NOT REPRESENTED BY COUNSEL Until YOU Keep 1. YOU May Keep COUNSEL OF YOUR Preference. YOU May possibly ALSO Keep on being AN ABSENT Class MEMBER AND DO Nothing at all AT THIS Point. AN INVESTOR’S Means TO SHARE IN ANY Possible Long run Recovery IS NOT DEPENDENT On SERVING AS Direct PLAINTIFF.

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Rosen Law Company represents investors all through the globe, concentrating its observe in securities course actions and shareholder derivative litigation. Rosen Legislation Organization was Ranked No. 1 by ISS Securities Course Action Services for quantity of securities course motion settlements in 2017. The company has been ranked in the top rated 3 just about every 12 months given that 2013. Rosen Regulation Firm has obtained the premier ever securities class motion settlement from a Chinese Business. Rosen Law Firm’s attorneys are ranked and regarded by various unbiased and revered resources. Rosen Regulation Company has secured hundreds of tens of millions of bucks for investors. Lawyer Advertising and marketing. Prior results do not guarantee a related consequence.

Call Information and facts:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Legislation Company, P.A.
      275 Madison Avenue, 40th Flooring
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      [email protected]
      [email protected]

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Source Rosen Law Company, P.A.


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