The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cutera, Inc. (“Cutera” or “the Company”) (NASDAQ: CUTR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cutera announced on February 28, 2023, that it would fail to file its 2022 annual report in a timely manner. The Company also admitted that it identified “material weaknesses in its internal control over financial reporting related to ineffective information technology general controls and ineffective inventory count controls.” Then, Reuters reported on April 12, 2023, that: "Cutera Inc has fired CEO David Mowry and Executive Chairman Daniel Plants for alleged violations of their employment contracts, the medical aesthetics device maker said on Wednesday, amid a raging boardroom battle."
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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