NASDAQ: LOPE Shareholder Notice: Investigation over Possible Securities Laws Violations by Grand Canyon Education, Inc.: An investigation for investors in Grand Canyon Education, Inc. (NASDAQ: LOPE) shares over potential securities laws violations by Grand Canyon Education, Inc. was announced. - Insurance News | InsuranceNewsNet

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January 17, 2024 Newswires
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NASDAQ: LOPE Shareholder Notice: Investigation over Possible Securities Laws Violations by Grand Canyon Education, Inc.: An investigation for investors in Grand Canyon Education, Inc. (NASDAQ: LOPE) shares over potential securities laws violations by Grand Canyon Education, Inc. was announced.

ReleaseWire

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An investor, who purchased shares of Inspire Medical Systems, Inc. (NYSE: INSP), filed a lawsuit over alleged violations of Federal Securities Laws by Inspire Medical Systems, Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Inspire Medical Systems, Inc. (NYSE: INSP) have certain options and for certain investors are short and strict deadlines running. Deadline: February 20, 2024. NYSE: INSP investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

Golden Valley, MN based Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

Inspire Medical Systems, Inc. offers the only OSA device that has been approved by the Food and Drug Administration ("FDA") for treatment of the root cause of sleep apnea by working inside the body with the patient's natural breathing process. The Company calls the treatment, which includes an implantable device, "Inspire therapy."

On November 7, 2023, Inspire Medical Systems, Inc. announced its earnings results for the third quarter of 2023 - its first reported revenue miss since becoming a public company in 2018.

Inspire Medical Systems, Inc. stated it had started to "track" problems with its Acceleration Program in the second quarter of 2023, including a decrease in the number of prior authorization submissions for Inspire therapy, and "recogniz[ed] this trend early in the third quarter" - i.e., as early as July 1, 2023.

Shares of Inspire Medical Systems, Inc. (NYSE: INSP) declined from $330.00 per share on July 14, 2023, to as low as $123.27 per share on November 13, 2023.

The plaintiff claims that between May 3, 2023 and November 7, 2023, the Defendants misled investors and/or failed to disclose that despite the Acceleration Program, customers were encountering challenges with the prior authorization submission process, including with the scheduling of appointments, that a slowdown in prior authorization submissions arising from these challenges led to a shortfall of hundreds of procedures to implant the Company's OSA device, and that as a result, Defendants' positive statements about the Company's financial guidance, business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Inspire Medical Systems, Inc. (NYSE: INSP) have certain options and should contact the Shareholders Foundation.

Contact:

Shareholders Foundation, Inc.

Michael Daniels

3111 Camino Del Rio North - Suite 423

92108 San Diego

Phone: +1-(858)-779-1554

Fax: +1-(858)-605-5739

[email protected]

About Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

An investor, who purchased shares of The Estee Lauder Companies Inc. (NYSE: EL), filed a lawsuit against The Estee Lauder Companies Inc. over alleged violations of Federal Securities Laws.

Investors who purchased shares of The Estee Lauder Companies Inc. (NYSE: EL) have certain options and for certain investors are short and strict deadlines running. Deadline: February 5, 2024. NYSE: EL investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

New York based The Estee Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. On November 2, 2022, The Estee Lauder Companies Inc. announced that it was lowering its full year outlook for fiscal 2023. Among other items, the Company announced net sales of $3.93 billion for its first quarter, a decline of 11% from $4.39 billion in the prior-year period, including negative impacts from foreign currency.

Additionally, organic net sales fell 5%. Estee Lauder attributed these results to headwinds from the COVID-19 restrictions in China, supply chain disruptions and record-high inflation.

Then, on February 2, 2023, Estee Lauder issued a press release announcing that it was again lowering its outlook for fiscal year 2023. Despite the fact that emerging markets in other parts of Asia and the West delivered strong organic net sales growth, the Company blamed its lowered guidance on greater than anticipated challenges of COVID-19 restrictions in China.

Finally, on May 3, 2023, Estee Lauder issued another press release announcing weaker sales and profit for the year than estimated and accordingly cut its fiscal year outlook for a third consecutive time.

Shares of The Estee Lauder Companies Inc. (NYSE: EL) declined from $283.62 per share on February 02, 2023, to $102.22 per share on November 01, 2023.

The plaintiff claims that between August 18, 2022 and May 2, 2023, the defendants misled investors with unrealistic and materially false statements about market demand Estee's products and its inventory levels and that these statements concealed the truth about Estee's weakness in the market until, on May 3, 2023, Estee announced weaker sales and profit for the year than estimated and accordingly cut its fiscal year outlook for a third consecutive time.

Those who purchased shares of The Estee Lauder Companies Inc. (NYSE: EL) have certain options and should contact the Shareholders Foundation.

Contact:

Shareholders Foundation, Inc.

Michael Daniels

3111 Camino Del Rio North - Suite 423

92108 San Diego

Phone: +1-(858)-779-1554

Fax: +1-(858)-605-5739

[email protected]

About Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Grand Canyon Education, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Grand Canyon Education, Inc. (NASDAQ: LOPE), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Grand Canyon Education, Inc. (NASDAQ: LOPE regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Phoenix, AZ based Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. On December 27, 2023, the U.S. Federal Trade Commission ("FTC") announced they had sued Grand Canyon Education, Inc, Grand Canyon Education's affiliated university partner, Grand Canyon University ("GCU"), as well as Brian Mueller, GCU's president and Grand Canyon Education, Inc's Chief Executive Officer, for deceptive advertising, violating the FTC's telemarketing sales rule, and for falsely marketing GCU as a nonprofit entity.
Those who purchased shares of Grand Canyon Education, Inc. (NASDAQ: LOPE) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc. Michael Daniels 3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit: http://www.sbwire.com/press-releases/nasdaq-lope-shareholder-notice-investigation-over-possible-securities-laws-violations-by-grand-canyon-education-inc-1382025.htm

Media Relations Contact

Michael DanielsShareholders Foundation, Inc.
Telephone: 1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com

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