{"id":400571,"date":"2020-12-15T20:03:17","date_gmt":"2020-12-16T01:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400571"},"modified":"2020-12-15T20:03:17","modified_gmt":"2020-12-16T01:03:17","slug":"investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-penumbra-inc-pen-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-penumbra-inc-pen-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. (PEN) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. (PEN) on Behalf of Investors<\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith continues its investigation on behalf of Penumbra, Inc. (\u201cPenumbra\u201d or the \u201cCompany\u201d) (NYSE: PEN<\/a>) investors concerning the Company and its officers\u2019 possible violations of federal securities laws.\n<\/p>\n

\nOn November 10, 2020, Quintessential Capital Management issued a research report on the Company entitled \u201cPenumbra and its \u2018Killer Catheter\u2019: A tale of corporate greed and seemingly blatant disregard for patients\u2019 lives[.]\u201d\n<\/p>\n

\nOn December 8, 2020, Quintessential Capital Management released a follow-up research report entitled \u201cIs Penumbra\u2019s core scientific research authored by a fake person?: The incredible story of Penumbra\u2019s Dr. Antik Bose[.]\u201d The follow-up report alleged that some of the Company\u2019s scientific research appear to have been incorrectly credited or even authored by a fake individual.\n<\/p>\n

\nOn this news, Penumbra\u2019s share price fell $19.95 per share, or almost 9%, to close at $204.07 per share on December 8, 2020, thereby injuring investors.\n<\/p>\n

\nOn December 15, 2020, after the market closed, Penumbra announced that it was voluntarily \u201crecalling its JET 7 Xtra Flex because the catheter may become susceptible to distal tip damage during use[, which] may result in potential vessel damage, and subsequent patient injury or death.\u201d\n<\/p>\n

\nOn this news, the Company\u2019s stock price fell sharply during afterhours trading on December 15, 2020.\n<\/p>\n

\nIf you purchased Penumbra securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201215006176\/en\/<\/a><\/span><\/p>\n

\nLaw Offices of Howard G. Smith
\n
Howard G. Smith, Esquire
\n
215-638-4847
\n
888-638-4847
\n
howardsmith@howardsmithlaw.com
\n<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. (PEN) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith continues its investigation on behalf of Penumbra, Inc. (\u201cPenumbra\u201d or the \u201cCompany\u201d) (NYSE: PEN) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On November 10, 2020, Quintessential Capital Management issued a research report on the Company entitled \u201cPenumbra and its \u2018Killer Catheter\u2019: A tale of corporate greed and seemingly blatant disregard for patients\u2019 lives[.]\u201d On December 8, 2020, Quintessential Capital Management released a follow-up research report entitled \u201cIs Penumbra\u2019s core scientific research authored by a fake person?: The incredible story of Penumbra\u2019s Dr. Antik Bose[.]\u201d The follow-up report … <\/p>\n

Continue reading “INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. (PEN) on Behalf of Investors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400571","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. 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(\u201cPenumbra\u201d or the \u201cCompany\u201d) (NYSE: PEN) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On November 10, 2020, Quintessential Capital Management issued a research report on the Company entitled \u201cPenumbra and its \u2018Killer Catheter\u2019: A tale of corporate greed and seemingly blatant disregard for patients\u2019 lives[.]\u201d On December 8, 2020, Quintessential Capital Management released a follow-up research report entitled \u201cIs Penumbra\u2019s core scientific research authored by a fake person?: The incredible story of Penumbra\u2019s Dr. Antik Bose[.]\u201d The follow-up report … Continue reading "INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. 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(\u201cPenumbra\u201d or the \u201cCompany\u201d) (NYSE: PEN) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On November 10, 2020, Quintessential Capital Management issued a research report on the Company entitled \u201cPenumbra and its \u2018Killer Catheter\u2019: A tale of corporate greed and seemingly blatant disregard for patients\u2019 lives[.]\u201d On December 8, 2020, Quintessential Capital Management released a follow-up research report entitled \u201cIs Penumbra\u2019s core scientific research authored by a fake person?: The incredible story of Penumbra\u2019s Dr. Antik Bose[.]\u201d The follow-up report … Continue reading \"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Penumbra, Inc. 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