Skip to main content

The Law Offices of Frank R. Cruz Announces Investigation of Organogenesis Holdings Inc. (ORGO) on Behalf of Investors

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

The Law Offices of Frank R. Cruz announces an investigation of Organogenesis Holdings Inc. (“Organogenesis” or the “Company”) (NASDAQ: ORGO) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On October 12, 2021, Value Investors Club issued a report alleging issues at Organogenesis, indicating that the Company has been improperly billing the federal government for $250 million annually. The Company also set the price for its new wound covering, Affinity, "exorbitantly high[,]" which Medicare reimbursed while making the product lucrative for doctors to use through large rebates.

On this news, Organogenesis's stock price fell $1.70, or 14%, to close at $10.35 per share on October 12, 2021.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Organogenesis securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz Announces Investigation of Organogenesis Holdings Inc. (ORGO) on Behalf of Investors

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  247.36
-3.20 (-1.28%)
AAPL  273.46
+3.23 (1.20%)
AMD  276.99
-1.40 (-0.50%)
BAC  53.58
-0.33 (-0.61%)
GOOG  337.41
-1.99 (-0.59%)
META  676.81
-11.74 (-1.71%)
MSFT  419.97
-2.82 (-0.67%)
NVDA  199.34
-2.34 (-1.16%)
ORCL  175.09
+0.03 (0.01%)
TSLA  393.19
-7.43 (-1.85%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.