|[February 07, 2019]
NATUS MEDICAL INVESTOR ALERT: Gibbs Law Group Investigates Potential Securities Law Violations
Gibbs Law Group is investigating claims on behalf of investors of Natus
Medical Incorporated (NASDAQ: BABY) involving possible securities law
violations. Specifically, our investigation focuses on allegations that
Natus Medical and certain of its officers and/or directors may have
engaged in unlawful business practices or securities fraud.
To speak privately with an attorney regarding this class action
lawsuit investigation, click
On February 6, 2019, GlassHouse Research published a report about Natus
Medical entitled "Throw the BABY (Natus Medical Inc.) Out with the
Bathwater," accusing the company of engaging in deceptive accounting
practices. Specifically, the GlassHouse Research Report accused the
Natus Medical's management of concealing approximately $18 million in
"what should be ritten-down inventory" in order to enhance its
inventory metrics and reported earnings. The report suggseted that Natus
would likely need to write off its obsolete inventory in 2019.
Following this news, Natus Medical shares fell significantly, closing at
$30.51 on February 7, 2019.
If you purchased or acquired shares of Natus Medical and would like to
speak privately with a securities attorney to learn more about our
investigation and your legal rights, visit our website
or contact our securities team directly at (800) 808-5294.
Gibbs Law Group represents individual and institutional investors in securities
litigation to correct abusive corporate governance practices,
breaches of fiduciary duty, and proxy violations. The firm has recovered
over a billion dollars for its clients against some of the world's
largest corporations, and our attorneys have received numerous honors
for their work, including "Best Lawyers in America," "Top Plaintiff
Lawyers in California," "Top Class Action Attorneys Under 40," "Consumer
Protection MVP," and "Top Cybersecurity/ Privacy Attorneys Under 40."
This press release may constitute Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190207005945/en/
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