MASI INVESTIGATION ALERT: Johnson Fistel LLP Investigates the Directors and Officers of Masimo Corporation for Breach of Fiduciary Duties
Johnson Fistel, LLP, a shareholder rights law firm, announces it is investigating potential breaches of fiduciary duties by certain directors and officers of Masimo Corporation (NASDAQ: MASI) in relation to their obligations to the company’s shareholders.
What can I do? If you are a current Masimo Corporation shareholder, you may have legal claims that may be brought on behalf of the company, against the company’s directors and officers. If you wish to discuss this notice or your legal rights, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
If you have continuously owned MASI shares, you can click or copy and paste the link below in a browser to join:
What is this about? On or around November 5, 2024 the court partially granted Masimo’s motion to dismiss, allowing claims to proceed against Masimo and its CFO for allegedly inflating Sound United’s financial performance and misleading investors about the integration, while dismissing claims against other executives.
About Johnson Fistel, LLP: Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Colorado, and Idaho. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.