SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Eargo, Inc. of Class Action and Lead Plaintiff Deadline of December 6, 2021

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New York, New York – (Newsfile Corp. – October 19, 2021) – The following statement is released by Levi & Korsinsky, LLP:

To: All persons or entities who have purchased or otherwise acquired securities of Eargo, Inc. (“Eargo”) (NASDAQ: EAR) between October 16, 2020 and September 22, 2021. You are hereby notified that a securities class action lawsuit has been brought in the United States District Court for the Northern District of California. For more information, visit:

Eargo, Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There is no cost or obligation for you.

Eargo, Inc. NEWS – EAR NEWS

CASE DETAILS: According to the complaint filed: (1) Eargo improperly requested reimbursements from certain third-party payers; (2) the foregoing was reasonably likely to lead to regulatory review; (3) as a result and because the repayments in question involved the Company’s largest third party payer, the financial results of Eargo would be adversely affected; and (4) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were substantially misleading and / or lacked reasonable basis.

WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a loss in Eargo, you have up to December 6, 2021 request that the Court appoint you as the principal applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.

NO COT FOR YOU: If you purchased Eargo securities between October 16, 2020 and September 22, 2021, you may be entitled to compensation without payment of any fees or out-of-pocket expenses.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/eargo-inc-loss-submission-form?prid=20546&wire=5 or call 212-363-7500 to discuss the case with Joseph E Levi, Esq.

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington, DC The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients since nearly 20 years and have achieved remarkable results for clients in the United States and abroad. The firm, which has more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in Institutional Shareholder Services (“ISS”) SCAS Top 50 Report for 7 consecutive years as one of the top securities litigation firms in the United States. The SCAS Top 50 report identifies the leading plaintiff securities law firms in the country, and year after year ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York 10006
[email protected]
Phone. : (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100228


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