SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Eargo, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
The Californer/10163762

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Eargo, Inc. ("Eargo" or "the Company") (NASDAQ: EAR) for violations of the federal securities laws.

Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on October 15, 2020 (the "IPO"), or between October 15, 2020 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.

More on The Californer

• Snell & Wilmer Recognized Among the Top 10 Largest Law Firms in Orange County by the OCBJ
• Stockdale Capital Announces Four New Major Hires
• California: Governor Newsom announces next round of television tax credits, adding animated and competition shows for the first time
• As AI Accelerates Software Delivery, ThinkSys Introduces Zero Critical Bugs Guarantee
• R&B Singer Nicc LaRue releases anticipated single, "GOLD"

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.

More on The Californer

• Tint Academy Training in Dallas Texas: Learn Window Tint & PPF Installation
• $IBG accelerates toward transformative merger with BlockFuel as $6 million raise fuels dual-industry growth strategy: N A S D A Q: IBG
• High-Growth Power Infrastructure Play Targets AI Boom: 1606 Corp. Executes Aggressive Texas Expansion Strategy: 1606 Corp. (Stock Symbol: CBDW) $CBDW
• Accelerating the Transformation into a U.S. Nuclear Fuel Cycle Leader: Frontier Nuclear and Minerals Inc. (N A S D A Q: FNUC)
• Ozz Metals Ltd Secures 1-Tonne Gold Offtake Agreement

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.

Contacts

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

---

Show All News | Report Violation