Recent Security Class Actions

Masimo Corporation Common Stock (NASDAQ: MASI)

Company Name:Masimo Corporation Common Stock
Stock Symbol:NASDAQ: MASI
Class Period Start:05/04/2022
Class Period End (inclusive):08/08/2023
Filing Deadline:10/23/2023

The Complaint alleges Defendants misled investors by creating the false impression that they possessed reliable information pertaining to the Company’s sales pipeline. Defendants’ forecasting processes failed to adequately account for potential loss of sensor sales among Masimo’s customers, as well as the potential decline in demand for premium and luxury audio categories.