Inari Medical, Inc. (NASDAQ: NARI)

This lawsuit is for anyone who acquired securities in Inari Medical, Inc. (NASDAQ: NARI) from February 24, 2022 through February 28, 2024

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company followed applicable laws but then by illegally providing kickbacks to medical professionals to use the Company’s products.

On February 28, 2024, Inari announced that it had received a civil investigative demand from the U.S. Department of Justice “in connection with an investigation under the federal Anti-Kickback Statute and Civil False Claims Act” requesting information and documents “primarily relating to meals and consulting service payments provided to health care professionals.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Inari Medical, Inc. (NASDAQ: NARI) from February 24, 2022 through February 28, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.