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Derr v. RA Medical Systems, Inc. et al

  1. November 16, 2021

    Medical Device Co. To Pay $10M To End Suit Over Stock Drop

    Medical device maker Ra Medical Systems Inc. will pay $10 million to settle a shareholder suit accusing the company of misleading investors about its ability to manage a larger sales force in the lead-up to an initial public offering.

  2. August 12, 2019

    Glancy Asks To Lead Med. Device Co. Stock-Drop Suit

    Glancy Prongay & Murray LLP asked Friday to be appointed lead counsel in a shareholder suit accusing a medical device manufacturer of issuing misleading statements in the lead-up to an initial public offering about its ability to manage a larger sales force.

  3. June 11, 2019

    Med. Device Co.'s Inflated IPO Hurt Shareholders, Suit Says

    A shareholder has sued a medical device manufacturer in a proposed class action in California federal court, claiming the company misled investors at its initial public offering about its ability to manage a larger sales force and update its manufacturing facilities, leading to its stock price dropping by a third.