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Inspire Medical Investors Face Jan. 5 Lead-Plaintiff Deadline in Suit Over Inspire V Rollout

Plaintiffs say launch missteps slowed adoption, prompting a drastic reduction to the company’s 2025 earnings forecast.

Overview

  • The putative class action covers purchases of Inspire Medical Systems stock from August 6, 2024 through August 4, 2025.
  • The case, pending in the U.S. District Court for the District of Minnesota, is captioned City of Pontiac Reestablished General Employees' Retirement System v. Inspire Medical Systems, Inc.
  • Filings allege the company misrepresented demand and operational readiness for the Inspire V device, citing incomplete training and onboarding at many centers.
  • Company disclosures note claims-processing software updates only took effect July 1, 2025, which meant implanting centers could not bill for Inspire V procedures before that date.
  • On August 4, 2025 the company flagged an elongated rollout timeframe, cut EPS guidance to $0.40–$0.50 from $2.20–$2.30, and the stock fell about 32% the next day.