KIDS INVESTIGATION ALERT: Bernstein Liebhard is Investigating OrthoPediatrics Corp. For Violations of the Securities Laws

New York, New York--(Newsfile Corp. - January 4, 2021) - Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of OrthoPediatrics Corp. ("OrthoPediatrics" or the "Company") (NASDAQ: KIDS) resulting from allegations that OrthoPediatrics might have issued misleading information to the investing public.

If you purchased OrthoPediatrics securities, and/or would like to discuss your legal rights and options please visit KIDS Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

On December 2, 2020, Culper Research published a report titled "OrthoPediatrics Corp. (KIDS): Even Channel Stuffing Can't Save This Company." The report alleged that the Company "engaged in a channel stuffing scheme that has systematically and significantly overstated revenues." Culper Research interviewed four Company distributors and two former Company executives who revealed that "distributors have been induced to buy excess product directly from the Company in exchange for (a) equity-based awards, (b) the opportunity to return product, and/or (c) product discounts or increased commission schedules."

On this news, the Company's stock price fell $4.12 per share, over 9%, to close at $41.02 per share on December 2, 2020

If you purchased OrthoPediatrics securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/orthopediatricscorp-kids-shareholder-class-action-lawsuit-fraud-stock-351/apply/ Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/71351