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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Quipt Home Medical Corp. - QIPT

1. Pomerantz LLP investigates securities fraud claims against Quipt Home Medical Corp. 2. Forager Capital Management demands retraction of misleading statement from Quipt. 3. Quipt's stock dropped 8.53%, closing at $1.93 following the news. 4. Investors encouraged to join class action against Quipt's leadership. 5. Pomerantz has a history of handling securities fraud litigation successfully.

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FAQ

Why Bearish?

The investigation and stock price drop may further erode investor confidence, similar to past incidents affecting share value in other firms like Enron and Lehman Brothers, leading to substantial declines due to loss of trust.

How important is it?

The investigation may signify serious governance issues, impacting future stock performance and investor sentiment. Immediate legal challenges can result in price volatility, justifying a high importance score.

Why Short Term?

The immediate nature of the claims and ongoing investigations typically generate quick market reactions, as seen in similar cases like with Theranos, yet medium and long-term recovery can depend on outcomes.

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FORA
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ: QIPT).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Quipt and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On June 5, 2025, Forager Capital Management (“Forager”), one of Quipt’s largest shareholders, issued a press release stating its “request[] that Quipt immediately and unequivocally retract its false and misleading statement made in its press release on May 21, 2025 relating to Forager's offer to acquire 100% of Quipt's issued and outstanding common shares at a price of $3.10 per common share.”  On this news, Quipt’s stock price fell $0.18 per share, or 8.53%, to close at $1.93 per share on June 5, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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