San Diego, CA -- (SBWire) -- 04/19/2023 --Cutera, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Cutera, Inc. (NASDAQ: CUTR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Cutera, Inc. (NASDAQ: CUTR regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Brisbane, CA based Cutera, Inc., a medical device company, researches, develops, manufactures, markets, and services laser and energy-based aesthetics systems for practitioners worldwide. On February 28, 2023, Cutera Inc announced, 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."
Shares of Cutera, Inc. (NASDAQ: CUTR) declined from $74.38 per share on April 05, 2022, to as low as $18.47 per share on April 12, 2023.
Those who purchased shares of Cutera, Inc. (NASDAQ: CUTR) 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
mail@shareholdersfoundation.com
About The Shareholders Foundation
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.
NASDAQ:CUTR Investor Notice: Investigation over Potential Securities Laws Violations by Cutera, Inc.
An investigation for investors in Cutera, Inc. (NASDAQ:CUTR) shares over potential securities laws violations by Cutera, Inc. was announced.