PARAGON 28 CLASS ACTION LAWSUIT: THE ULTIMATE INVESTOR GUIDE

PARAGON 28 SUBMISSION FORM

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INTRODUCTION TO THE PARAGON 28 CLASS ACTION LAWSUIT

Call Timothy L. Miles today for a free case evaluation in the Paragon 28 class action lawsuit

The Paragon 28 class action lawsuit seeks to represent purchasers or acquirers of Paragon 28, Inc. (NYSE: FNA) common stock and those who purchased Paragon 28 call options or sold put options between May 5, 2023 and August 8, 2024, inclusive (the “Class Period”).  Captioned Ellington v. Paragon 28, Inc., No. 24-cv-02712 (D. Colo.), the Paragon 28 class action lawsuit charges Paragon 28 and certain of Paragon 28’s top current and former executives with violations of the Securities Exchange Act of 1934.

If you have suffered losses in Paragon 28 stock and are interested in becoming the lead plaintiff in the Paragon 28 class action lawsuit or have any inquiries regarding your rights as a shareholder, please reach out to Paragon 28 Stock Loss Lawyer Timothy L. Miles at no cost.  You can contact him by calling 855/846-6529, sending an e-mail to [email protected], or filling out a contact form. 

​Lead plaintiff motions for the Paragon 28 class action lawsuit must be filed with the court no later than November 25, 2024.

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allegations in the PARAGON 28 class action lawsuit

Paragon 28 develops, distributes, and sells foot and ankle surgical systems. The Paragon 28 class action lawsuit alleges that the defendants:
False and Misleading Statements

• Made false and/or misleading statements
• Failed to disclose that their financial statements were misstated
• Lacked adequate internal controls
• At times understated the extent of issues with internal controls

July 30, 2024:
Paragon 28 disclosed that previously issued financial statements should no longer be relied upon:

• Affected statements: FY 2023 and quarterly reports from Q1 2023 to Q1 2024
• Reason: Errors in financial statements requiring restatement
• Impact: Paragon 28 stock price fell nearly 14%

August 8, 2024:
Paragon 28 filed an amended annual report:

• Included restated 2023 figures for inventories and cost of goods sold
• Result: Stock price dropped by more than 20%

Key issues in the lawsuit:

• Misstated financials
• Internal control problems
• Significant investor losses due to stock price declines

THE LEAD PLAINTIFF DEADLINE IN THE Paragon 28 class action lawsuit

​Lead plaintiff motions for the Paragon 28 ​class action lawsuit must be filed with the court no later than November 29, 2024.​
When a securities class action is filed such as the Paragon 28 class action lawsuit:

1. The person who files the first complaint is required to publish a notice announcing the filing.
2. Anyone who wants to be lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published. 

YOU HAVE TWO CHOICES IF YOU RECEIVE A NOTICE IN THE Paragon 28 CLASS ACTION LAWSUIT

​​First, read the notice very carefully.  You have two choices. 

• First, you can do nothing and remain a member of the class represented by lead counsel. 
• Second, if you believe you have a large enough loss to justify it, you can opt out of the Paragon 28 class action lawsuit and file your own separate lawsuit.

​Note, that if you opt-out, you will not be able to participate in any settlement or recovery obtained in the Paragon 28 class action lawsuit. 

THE LEAD PLAINTIFF PROCESS IN THE Paragon 28 CLASS ACTION LAWSUIT

If you suffered losses in Paragon 28 stock, call today for a free case evaluation in the Paragon 28 class action lawsuit

The Private Securities Litigation Reform Act of 1995 (PSLRA) permits any investor who purchased and suffered losses in Paragon 28​​ stock to seek appointment as lead plaintiff in the Paragon 28 class action lawsuit.

• A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit.
• The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. 
• An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. 

A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. 

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THE BENEFITS OF SERVING AS A LEAD PLAINTIFF

1. Negotiating more competitive attorney fees and reducing litigation costs.
2. Managing the litigation by overseeing the progress of the case and reviewing important filings.
3. Participating in mediation and settlement discussions.
4. Having a voice in decision-making processes regarding the settlement.
5. No financial risk, as lead counsel covers all costs and expenses and are paid only if they secure a  settlement or judgment recovery for the class
6. Potentially enjoying long-term benefits from governance reform resulting from the litigation.

THE RESPONSIBILITIES THE LEAD PLAINTIFF WILL HAVE

1. Negotiating more competitive attorney fees and reducing litigation costs.
2. Managing the litigation by overseeing the progress of the case and reviewing important filings.
3. Participating in mediation and settlement discussions.
4. Having a voice in decision-making processes regarding the settlement.
5. No financial risk, as lead counsel covers all costs and expenses and are paid only if they secure a  settlement or judgment recovery for the class
6. Potentially enjoying long-term benefits from governance reform resulting from the litigation.

ELIGIBILITY CRITERIA FOR LEAD PLAINTIFF APPOINTMENT

To be eligible for appointment as the lead plaintiff in the Paragon 28 class action lawsuit, an investor must meet the following criteria:

1. Securities Acquisition: The investor must have purchased Paragon 28, Inc. common stock and/or purchased Paragon 28 call options or sold put options between May 5, 2023, and August 8, 2024.
2. Financial Losses: The investor must have suffered financial losses as a direct result of the alleged securities fraud perpetrated by Paragon 28 and its executives.
3. Typicality and Adequacy: The investor's legal claims must be typical of those asserted on behalf of the class, and they must demonstrate their ability to adequately represent the interests of the entire class through experience, resources, and the absence of conflicts of interest.

It is crucial to note that both domestic and international investors who meet these criteria are eligible to seek appointment as the lead plaintiff in the Paragon 28 class action lawsuit, as courts have consistently recognized the rights of non-U.S. investors in securities class actions.

LEGAL REQUIREMENTS FOR PREVAILING IN THE Paragon 28 CLASS ACTION LAWSUIT

1. Material Misrepresentation or Omission
2. Scienter
3. Connection to Securities Transaction
4. Reliance
5. Economic Loss
6. Loss Causation

STAGES OF THE Paragon 28 CLASS ACTION LAWSUIT

1. Consolidation and Lead Plaintiff Appointment
2. Filing of Consolidated Complaint
3. Motion to Dismiss
4. Class Certification
5. Discovery
6. Settlement Negotiations and Mediation
7. Summary Judgment Motions
8. Trial
9. Appeals

CONTINGENCY FEE ARRANGEMENTS AND COST CONSIDERATIONS

Give Paragon 28 stock loss lawyer Timothy L. Miles a call about the Paragon 28 class action lawsuit

Many securities' litigation attorneys, including Timothy L. Miles, operate on a contingency fee basis, which means:

• Clients do not pay any upfront fees or costs.
• Instead, the attorney's fees and expenses are deducted from any settlement or judgment recovered on behalf of the class, typically as a court-approved percentage of the total recovery.

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This arrangement ensures that investors can pursue their legal rights without bearing the financial burden of costly litigation, as the attorneys assume the risk and only receive compensation if they achieve a successful outcome for the class.

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Resources for Investors in the Paragon 28 Class Action Lawsuit and Others

• Seeking Alpha​
• A Wealth of Common Sense
• Better Investing
• U. S. Securities & Exchange Commission
• Investor.gov
• Yahoo Finance
• Investopedia
• SEC (Resources for Investors)
• Investor Resources Inc.​
• Vanguard
• Investor's Resource: Home

CONTACT Paragon 28 STOCK LOSS LAWYER TODAY TIMOTHY L. MILES TODAY ABOUT A Paragon 28 CLASS ACTION LAWSUIT

​If you suffered losses in Paragon 28 ​stock, contact Paragon 28 stock loss lawyer Timothy L. Miles today for a free case evaluation about a Paragon 28 class action lawsuit. Call today and see what a Paragon 28 stock loss lawyer could do for you if you suffered losses in Paragon 28​​ stock. ​This will most likely be the only call you need to make. (855) 846–6529 or [email protected]. ​

PARAGON 28 CLASS ACTION LAWSUIT
PARAGON 28 STOCK LOSS LAWYER
TIMOTHY L. MILES
300 CENTERVIEW DR, UNIT 247
BRENTWOOD, TN 27027
​855-846-6528

FREE CASE EVALUATION: CLASS ACTION AGAINST PARAGON 28
If you suffered losses in Paragon 28 stock, call Paragon 28 stock loss lawyer
Timothy L. Miles today for a free case evaluation about a Paragon 28 ​class action lawsuit. 
​855-846-6528​