NEW
YORK, July 14, 2023 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action
lawsuit has commenced on behalf of shareholders of Cutera, Inc.
(NASDAQ: CUTR).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/cutera-class-action-loss-submission-form/?id=42078&from=4
The lawsuit seeks to recover losses for shareholders who
purchased Cutera between February 17,
2021 and May 9, 2023.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
July 24, 2023 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to the complaint, defendants made materially false
and/or misleading statements, as well as failed to disclose
material adverse facts, about the Company's business and
operations. Specifically, defendants overstated the sustainability
of Cutera's revenue growth, failed to disclose significant
conflicts among members of the Company's senior leadership and
Board, and failed to disclose several material weaknesses in the
Company's internal control over financial reporting. As a result of
defendant's wrongful acts and omissions, and the significant
decline in the market value of the Company's common stock, Cutera's
investors have suffered significant damages.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities
fraud. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887
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SOURCE Jakubowitz Law