InMode Ltd. (NASDAQ: INMD)

This investigation is for anyone who sold securities in InMode Ltd. (NASDAQ: INMD) from February 10, 2026 through June 24, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to prevent the Company’s CEO from suppressing the Company’s share value so that the Company’s CEO could purchase shares below market price.

On June 24, 2026, InMode disclosed that its board had received on June 17 an unsolicited cash proposal from M.N. Business Strategy, a group including co-founder and CEO Moshe Mizrahy, to acquire all outstanding shares it did not already own for $16.20 per share via a merger. The Company’s share price on June 23, 2026 closed at $13.35 per share. On this news, the price of the Company’s stock increased precipitously on unusually heavy trading volume. Then, on June 30, 2026, a longstanding shareholder of InMode, Steel Partners Holdings L.P., issued a public letter to InMode’s Board of Directors, stating that “over the last six months,” the Company has displayed “a series of disastrous governance failures that have created a situation wherein its own CEO may be able to acquire the Company at a price below what the Board previously rejected.” Specifically, the letter claims that InMode’s Chief Executive Officer “accumulated roughly 800,000 shares in open-market purchases between February 24[, 2026] and March 10, 2026 — in the narrow window surrounding material corporate events, including the March 13, 2026 buyback announcement that moved the stock nearly 6%. These purchases are consistent with trading while in possession of material non-public information and with usurpation of a corporate opportunity belonging to the Company and all of its shareholders.”

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you sold securities in InMode Ltd. (NASDAQ: INMD) from February 10, 2026 through June 24, 2026 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.