NOTICE TO OM INVESTORS: Rosen Law Firm Encourages Lossed Outset Medical, Inc. Investors to Learn About Securities Class Action Investigation – OM | New

NEW YORK–(BUSINESS WIRE)–June 14, 2022–

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of Outset Medical, Inc. (NASDAQ: OM) arising from allegations that which Outset may have provided misleading business information to the investing public.

SO WHAT: If you have purchased securities from Outset, you may be entitled to compensation without payment of disbursements or fees through a contingency fee arrangement. The Rosen law firm is preparing a class action lawsuit to recover investors’ losses.

WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=6976 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.

WHAT DOES IT TALK ABOUT: On June 13, 2022, Outset issued a press release announcing, among other things, guidance for the second quarter of 2022. In the press release, Outset also announced that it “has implemented a suspension of shipments on the distribution of its Tablo hemodialysis system for home use pending Food and Drug Administration (“FDA”) review and clearance of a 510(k) the company has submitted for changes since the initial March 2020 authorization of the device.

On this news, Outset’s stock price fell $5.02 per share, or approx. 24.6%, opening June 14, 2022 at $15.39.

WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these companies do not bring securities class action lawsuits. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

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CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, Pennsylvania

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

[email protected]

[email protected]

www.rosenlegal.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION PROFESSIONAL SERVICES LEGAL

SOURCE: The Rosen Law Firm, Pennsylvania

Copyright BusinessWire 2022.

PUBLISHED: 06/14/2022 12:29 PM / DISK: 06/14/2022 12:29 PM

http://www.businesswire.com/news/home/20220614005890/en

Copyright BusinessWire 2022.

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