The Law Offices of Frank R. Cruz Announces Investigation of Paragon 28, Inc. (FNA) on Behalf of Investors

Published 4 months ago via Business Wire

The Law Offices of Frank R. Cruz announces an investigation of Paragon 28, Inc. (“Paragon” or the “Company”) (NYSE: FNA) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On July 30, 2024, after market hours, Paragon disclosed that the Company’s previously issued financial statements from 2023 and 2024 should no longer be relied upon “due to errors in such financial statements” related to “accounting” and would therefore require restatements. Additionally, the Company reported that it had identified “one or more material weaknesses in its internal control over financial reporting.”

On this news, Paragon’s stock price fell as much as 23% during intraday trading on July 31, 2024, thereby injuring investors.

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If you purchased Paragon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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