Securities Class Action Targets Inspire Medical Over Inspire V Launch as Deadline Notices Clash
Plaintiff firms are recruiting lead‑plaintiff candidates, with notices listing conflicting filing dates that require court confirmation.
Overview
- In the U.S. District Court for the District of Minnesota, City of Pontiac Reestablished General Employees' Retirement System v. Inspire Medical Systems, Inc., No. 25-cv-04247, alleges Securities Exchange Act violations.
- The putative class covers purchasers of Inspire Medical common stock from August 6, 2024 through August 4, 2025, inclusive.
- The complaint claims investors were misled about the Inspire V rollout, citing poor demand, surplus provider inventory, incomplete center onboarding, and delayed billing software updates.
- On August 4, 2025, the company disclosed an “elongated timeframe” for Inspire V, cut 2025 guidance by more than 80%, and saw its shares fall by over 32%, according to the filing.
- Robbins Geller and Robbins LLP list January 5, 2026 for lead‑plaintiff motions, while the Portnoy Law Firm lists January 5, 2025, highlighting a procedural discrepancy; the allegations remain unproven.