PROCEPT BioRobotics Corporation Securities Fraud Class Action Result of Undisclosed Inventory Issues and Approximately 18% Stock Decline - Investors May Contact Reed Kathrein at Hagens Berman Sobol Shapiro LLP
Hagens Berman announced a class action lawsuit against PROCEPT BioRobotics, alleging the company artificially inflated sales through undisclosed bulk discount programs and failed to manage customer inventory levels. The complaint claims excess customer inventory exceeded 10,000 units and that the company pulled forward sales from future quarters, contributing to a significant stock price decline.
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