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EDWARDS LIFESCIENCES INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Edwards Lifesciences Corporation - EW

1. KSF has launched an investigation into Edwards Lifesciences. It focuses on potential legal breaches. 2. Edwards cut its full-year TAVR revenue guidance. This followed disappointing Q2 financial results. 3. The company and executives face a securities class action lawsuit. They are accused of withholding critical information. 4. Investigation centers on possible fiduciary duty breaches and law violations. It targets both officers and directors.

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FAQ

Why Bearish?

The initiation of a legal investigation and ongoing securities class action typically weighs negatively on stock prices. Past instances, such as similar lawsuits in the healthcare sector, have led to stock declines.

How important is it?

The investigation and lawsuit carry potential legal liabilities and reputational damage that could materially affect EW's share price.

Why Short Term?

Legal complications and uncertainty generally trigger immediate investor concerns and market volatility, much like recent cases in the sector.

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NEW ORLEANS, Feb. 21, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Edwards Lifesciences Corporation ("the Company") (NYSE: EW). On July 24, 2024, the Company announced its financial results for the second quarter of the Fiscal Year ended December 31, 2024 disclosing disappointing results, specifically that the Company slashed its full-year revenue guidance for the Company's core product, the Transcatheter Aortic Valve Replacement ("TAVR") platform due to "continued growth and expansion of structural heart therapies … [which] put pressure on hospital workflows." Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing. KSF's investigation is focusing on whether Edwards' officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation, or have been a long-term holder of Edwards shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-ew/ to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago and New Jersey. To learn more about KSF, you may visit www.ksfcounsel.com. Contact:Kahn Swick & Foti, LLCLewis Kahn, Managing Partner[email protected]1-877-515-18501100 Poydras St., Suite 3200New Orleans, LA 70163 SOURCE Kahn Swick & Foti, LLC

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