The Schall Law Firm Investigates Claims of Securities Law Violations by Orthofix Medical Inc.

The Schall Law Firm, a leading national shareholder rights litigation firm, has announced that it is conducting an investigation into potential violations of securities laws by Orthofix Medical Inc. (NASDAQ: OFIX) on behalf of investors. The investigation focuses on whether the company issued false and/or misleading statements and failed to disclose pertinent information to investors.

Orthofix made headlines on September 12, 2023, when it terminated its CEO, CFO, and CLO. The decision was made following an investigation conducted by independent outside legal counsel and overseen by the company’s independent directors. The board determined that these executives had engaged in repeated inappropriate and offensive conduct, violating multiple code of conduct requirements and going against the company’s values and culture. Importantly, Orthofix clarified that these matters were unrelated to its strategy, financial performance, or previously filed financial statements.

The announcement had an immediate impact on Orthofix’s stock, with shares falling by nearly 25% on the same day. Shareholders who suffered losses as a result of this decline are encouraged to participate in the investigation by contacting the Schall Law Firm.

The Schall Law Firm, led by Brian Schall, specializes in securities class action lawsuits and shareholder rights litigation. They represent investors worldwide and are committed to protecting shareholder interests. If you are a shareholder affected by this situation, you can reach out to the firm to discuss your rights free of charge.

It is important to note that the class in this case has not yet been certified, and until certification occurs, shareholders are not represented by an attorney. However, shareholders who choose to take no action can remain as absent class members.

The Schall Law Firm’s dedication to investor protection and their expertise in securities litigation make them a reliable resource for those seeking legal guidance in such matters. They can be contacted through their website at www.schallfirm.com or by phone at 310-301-3335.

Please note that this press release may be considered Attorney Advertising in some jurisdictions under applicable law and rules of ethics.

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