Inspire Medical Investors Face Jan. 5 Deadline in Securities Class Action Over Inspire V Rollout
Plaintiffs allege executives overstated Inspire V's readiness, precipitating a guidance cut that coincided with a steep share drop.
Overview
- The case is pending in the U.S. District Court for the District of Minnesota as City of Pontiac Reestablished General Employees' Retirement System v. Inspire Medical Systems, Inc., No. 0:25-cv-04247.
- The alleged class period covers purchases of Inspire common stock from August 6, 2024 through August 4, 2025.
- Complaints cite operational problems including delayed Medicare claims software updates effective July 1, 2025, incomplete training and onboarding at treatment centers, and excess inventory of the prior Inspire IV device.
- On August 4, 2025 the company disclosed an elongated Inspire V rollout and cut 2025 EPS guidance by more than 80%, and the stock fell about $42.04 or roughly 32% by August 5.
- Multiple firms, including Bleichmar Fonti & Auld, Hagens Berman, Rosen Law Firm, and Levi & Korsinsky, are soliciting investors for Section 10(b) and 20(a) claims, and no class has been certified.