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MASI INVESTIGATION ALERT: Johnson Fistel PLLP Investigates the Directors and Officers of Masimo Corporation for Breach of Fiduciary Duties

1. Johnson Fistel investigates Masimo's fiduciary duties to shareholders. 2. Current shareholders may have legal claims against Masimo's directors. 3. Court permits claims against Masimo and CFO for misleading investors. 4. Claims related to inflated financial performance of Sound United. 5. Other executive claims were dismissed by the Court.

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FAQ

Why Bearish?

Ongoing legal issues can create uncertainty, leading to potential stock declines. Historical examples show similar cases causing significant price drops for companies facing litigation.

How important is it?

The investigation indicates serious fiduciary issues, impacting investor confidence and share value. Legal action could shift sentiment rapidly.

Why Short Term?

Immediate challenges from the lawsuit may affect investor sentiment and stock performance. Past instances show legal disputes typically influence share price quickly.

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- SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP, a shareholder rights law firm, announces it is investigating potential breaches of fiduciary duties by certain directors and officers of Masimo Corporation (NASDAQ: MASI) in relation to their obligations to the company's shareholders. What can I do? If you are a current Masimo Corporation shareholder, you may have legal claims that may be brought on behalf of the company, against the company’s directors and officers. If you wish to discuss this notice or your legal rights, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number. If you have continuously owned MASI shares, you can click or copy and paste the link below in a browser to join: https://www.johnsonfistel.com/investigations/masimo-corporation What is this about? On or about November 5, 2024, the Court ruled partially granting and partially denying Masimo's motion to dismiss the shareholder class action lawsuit. The Court permitted claims to proceed against Masimo and its Chief Financial Officer, arising from allegations of inflating Sound United's financial performance and misleading investors regarding the integration. Concurrently, the Court dismissed claims against other executive defendants. About Johnson Fistel, PLLP: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Colorado, and Idaho. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. More News From Johnson Fistel, PLLP

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