financetom
Technology
financetom
/
Technology
/
Inspire Medical Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Inspire Medical Systems, Inc. - INSP
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Inspire Medical Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Inspire Medical Systems, Inc. - INSP
Jul 24, 2026 3:26 PM

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Inspire Medical ( INSP ) Systems, Inc. .

In August of 2025, contrary to the Company’s repeated assurances that it had met all regulatory, technical, and commercial prerequisites for the launch of its Inspire V device, the Company disclosed that the launch faced an "elongated timeframe" due to previously undisclosed issues, including that “many centers did not complete the training, contracting and onboarding criteria required prior to the purchase and implant of Inspire V,” “software updates for claims submissions and processing” not taking effect until early July, and that excess inventory caused poor demand. As a result, the Company slashed its 2025 earnings guidance by more than 80%, from $2.20 to $2.30 per share to $0.40 to $0.50 per share.

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information in violation of federal securities laws. Recently, the case was transferred from the United States District Court for the Southern District of New York to the District of Minnesota, and remains ongoing.

KSF’s investigation is focusing on whether Inspire’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Inspire shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-538-3606 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-insp/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

Source: Kahn Swick & Foti, LLC

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Evening update for crude oil -25-07-2025
Evening update for crude oil -25-07-2025
Jul 25, 2025
The (crude oil) declined in its last intraday levels, to surpass its EMA50 putting it under intensive negative pressure, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, reinforcing the chances for more downside moves in its upcoming trading. BestTradingSignal.com Professional Trading Signals High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized...
Alchemy Pay price breaches upward trend line - Analysis - 25-07-2025
Alchemy Pay price breaches upward trend line - Analysis - 25-07-2025
Jul 25, 2025
Alchemy Pay (ACHUSD) held on to slight gains in its latest intraday trading, attempting to recoup part of prior losses and unwind oversold readings, with some positive signals emerging from the Stochastic. Nevertheless, the token remains under negative pressure after breaking a short-term ascending trendline and continuing to trade below its 50-day SMA, which doubles down on the bearish bias....
Evening update for Gold -25-07-2025
Evening update for Gold -25-07-2025
Jul 25, 2025
The (Gold) continued the decline in its last intraday trading, affected by the negative pressure that comes from its trading below its EMA50, with the emergence of the negative signals on the (RSI), after it managed to offload its oversold conditions in its previous trading, opening the way for recording more of the losses, to break the support of a...
Evening update for Bitcoin (BTCUSD) -25-07-2025
Evening update for Bitcoin (BTCUSD) -25-07-2025
Jul 25, 2025
The (BTCUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of its oversold conditions, amid its affection by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50. BestTradingSignal.com...
Copyright 2023-2026 - www.financetom.com All Rights Reserved