{"id":80432,"date":"2023-02-25T05:10:13","date_gmt":"2023-02-25T05:10:13","guid":{"rendered":"http:\/\/jordannewsgazette.com\/?guid=62d398bf58bcb83da15c542c5fe50ebd"},"modified":"2023-02-25T05:10:13","modified_gmt":"2023-02-25T05:10:13","slug":"rosen-a-globally-recognized-law-firm-encourages-bioventus-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-bvs","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/rosen-a-globally-recognized-law-firm-encourages-bioventus-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-bvs\/","title":{"rendered":"ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Bioventus Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 BVS"},"content":{"rendered":"
\n

NEW YORK, Feb. 24, 2023 (GLOBE NEWSWIRE) — WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the stock of Bioventus Inc. (NASDAQ: BVS): (i) pursuant and\/or traceable to the offering documents issued in connection with the Company\u2019s February 11, 2021 initial public offering (the \u201cIPO\u201d or \u201cOffering\u201d); and\/or (ii) between February 11, 2021 and November 21, 2022, both dates inclusive (the \u201cClass Period\u201d), of the important March 13, 2023 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased Bioventus securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the Bioventus class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=10065<\/u><\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/u><\/a> or cases@rosenlegal.com<\/u><\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 13, 2023<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases.<\/strong> Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, the Offering Documents and defendants statements throughout the Class Period were false and\/or misleading and\/or failed to disclose that: (1) Bioventus suffered from significant liquidity issues; (2) the Company’s rebate practices were unsustainable; (3) accordingly, defendants overstated the Company’s business and financial prospects; (4) Bioventus maintained deficient disclosure controls and procedures and internal control over financial reporting with respect to the timely recognition of quarterly rebates; (5) all the foregoing increased the risk that the Company would be forced to recognize a significant non-cash impairment charge, could not timely file one or more of its financial reports, would have to amend one or more of its financial statements, and could not meet its financial obligations as they came due; and (6) as a result, the Offering Documents were materially false and\/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Bioventus class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=10065<\/u><\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/u><\/a> or cases@rosenlegal.com<\/u><\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/u><\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/u><\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/u><\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/u><\/a>
\npkim@rosenlegal.com<\/u><\/a>
\ncases@rosenlegal.com<\/u><\/a>
\nwww.rosenlegal.com<\/u><\/a><\/p>\n

GlobeNewswire Distribution ID 8756623<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Feb. 24, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the stock of Bioventus Inc. (NASDAQ: BVS): (i) pursuant and\/or traceable to the offering documents issued in connection with the Company\u2019s February 11, 2021 initial public offering (the \u201cIPO\u201d or \u201cOffering\u201d); and\/or (ii) between [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,415],"tags":[],"yoast_head":"\nROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Bioventus Inc. 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