After Losing Over $16 Billion Of Market Capitalization Edwards Lifesciences (EW) Faces Investor Class Action – Hagens Berman
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Edwards Lifesciences (EW) is facing a class action lawsuit after losing over $16 billion in market capitalization. The lawsuit focuses on the company's disclosures about its TAVR platform. Investors who suffered losses during the class period from Feb. 6, 2024, to July 24, 2024, are urged to submit their losses by Dec. 13, 2024.
November 18, 2024 | 8:30 pm
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Edwards Lifesciences is facing a class action lawsuit due to alleged improper disclosures about its TAVR platform, leading to a significant market cap loss.
The class action lawsuit against Edwards Lifesciences is likely to negatively impact its stock price in the short term due to investor concerns over the company's disclosures and the significant market cap loss. Legal issues often lead to increased volatility and uncertainty, which can drive the stock price down.
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