NEW YORK, NY / ACCESSWIRE / July 14, 2024 / Pomerantz LLP is investigating claims on behalf of investors of LivaNova PLC ("LivaNova" or the "Company") (NASDAQ:LIVN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether LivaNova and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On June 6, 2024, LivaNova issued a press release "announc[ing] the preliminary results for the unipolar patient cohort of the RECOVER clinical study, assessing the use of VNS Therapy™ in treatment-resistant depression", advising that "[t]he study did not meet its primary endpoint (PE) for the unipolar cohort[.]"
On this news, LivaNova's stock price fell $7.23 per share, or 12.04%, to close at $52.80 per share on June 6, 2024.
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SOURCE: Pomerantz LLP