Los Angeles, CA - 
(NewMediaWire) - October 7, 2021 - The Schall Law Firm, a national
shareholder rights litigation firm, reminds investors of a class action lawsuit
against Eargo, Inc. (“Eargo” or “the Company”) (NASDAQ: EAR) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule
10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February
25, 2021 and September 22, 2021, inclusive (the ''Class Period''), are
encouraged to contact the firm before December 6,
2021.
If you are a shareholder who suffered a loss, click
here to participate.
We also encourage you to contact Brian Schall of the Schall Law
Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at
310-301-3335, to discuss your rights free of charge. You can also reach us
through the firm's website at www.schallfirm.com, or
by email at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you choose to
take no action, you can remain an absent class member.
According to the Complaint, the Company made false and
misleading statements to the market. Eargo sought improper payments from
third-party payors. The Company’s third-largest payor was the source of the
reimbursements in question. This activity was likely to result in regulatory
scrutiny and to adversely impact the Company’s financial results. Based on
these facts, the Company’s public statements were false and materially
misleading throughout the class period. When the market learned the truth about
Eargo, investors suffered damages.
Join
the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE:
The Schall Law Firm
