On or around 11/15/2023 (Date of last review)
Filing Date: May 24, 2023
According to the Complaint, Cutera, Inc. designs, develops, and manufactures aesthetic medical devices used for a variety of laser and energy-based beauty treatments.
The Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Cutera’s business and operations. Specifically, the Complaint alleges Defendants overstated the sustainability of Cutera’s revenue growth, failed to disclose significant conflicts among members of the company’s senior leadership and Board, and failed to disclose several material weaknesses in Cutera’s internal control over financial reporting. As a result of Defendant’s alleged wrongful acts and omissions, and the significant decline in the market value of the company’s common stock, Cutera’s investors have suffered significant damages.
On August 30, 2023, the Court issued an Order appointing Lead Plaintiff and Counsel.
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