Rosen Law Firm Urges InMode Ltd. Investors to Act Before Deadline in Ongoing Securities Class Action

NEW YORK, March 18, 2024— Rosen Law Firm, recognized for advocating on behalf of global investor rights, is issuing an important reminder to shareholders of InMode Ltd. INMD. Investors who acquired common stock between June 4, 2021, and October 12, 2023, a period now legally coined as the 'Class Period', are encouraged to seek legal counsel ahead of a crucial April 15, 2024, deadline concerning a securities class action lawsuit.

Understanding the Class Action Against InMode Ltd.

InMode Ltd., headquartered in Yokneam, Israel, is an innovative force in the field of aesthetic medical products, championing minimally invasive solutions through RF-assisted lipolysis and deep subdermal fractional RF technologies. Amidst this progressive landscape, the company finds itself at the center of litigation following allegations that may have affected investor trust and, consequently, their financial stakes.

Why Investors of INMD Should Be Concerned

The allegations have raised questions about InMode Ltd.'s operational transparency and compliance with market regulations—elements that are crucial to maintaining investor confidence. The predicaments that have surfaced may have led to material misstatements or omissions, thus potentially harming investors of INMD stock during the defined class period.

Legal Recourse and Lead Plaintiff Deadline

Investors possess a finite window for seeking position as a lead plaintiff in the class action. Rosen Law Firm stands ready to provide legal guidance to shareholders of InMode Ltd. who have been financially impacted. The deadline to apply for lead plaintiff status is April 15, 2024.

Next Steps for InMode Ltd. Investors

Shareholders who have purchased InMode Ltd. stock within the Class Period are urged to contact legal counsel without delay. In light of the approaching deadline, quick action is paramount. Taking steps toward securing legal representation can ensure rights are well-defended in the class action proceedings.

Rosen, InMode, INMD