Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Penumbra, Inc.
OKLAHOMA CITY–(BUSINESS WIRE)–Federman & Sherwood announces that on January 15, 2021, a class action lawsuit was filed in the United States District Court for the Northern District of California against Penumbra, Inc. (NYSE: PEN). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially…
