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Press Release: SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT


NEW YORK, July 14, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Intersect ENT, Inc. (“Intersect” or the “Company”) (NASDAQ: XENT). Such investors are advised to contact Robert S. Willoughby at @pomlaw.com">This email address is being protected from spambots. You need JavaScript enabled to view it. or 888-476-6529, ext. 9980.

The investigation concerns whether Intersect and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On August 1, 2018, before the market opened, Intersect disclosed that it faced certain challenges relating to the launch of its SINUVA sinus implant product, which had negatively impacted the Company’s second quarter 2018 financial results.

On this news, Intersect’s stock price fell $6.30 per share, or roughly 19.5%, to close at $26.05 per share on August 1, 2018.

Then, on May 6, 2019, Intersect disclosed a first quarter 2019 loss of $10.8 million and lowered guidance for the remainder of 2019. Intersect also reported the resignation of Lisa D. Earnhardt, the Company’s Chief Executive Officer for 11 years.

On this news, Intersect’s stock price fell $8.05 per share, or roughly 24.3%, to close at $25.10 per share on May 7, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
@pomlaw.com">This email address is being protected from spambots. You need JavaScript enabled to view it.



Posted: 2019-07-14 14:00:00

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Press Release: SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT

Sun, 14 Jul 2019 03:00:00 GMT

NEW YORK, July 14, Jul 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- Pomerantz LLP is investigating claims on behalf of investors of Intersect ENT, Inc. ("Intersect" or the "Company") XENT, -0.11%. Such ...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT

Sat, 13 Jul 2019 17:00:00 GMT

NEW YORK, July 14, 2019 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Intersect ENT, Inc. (“Intersect” or the “Company”) (NASDAQ: XENT). Such investors are ...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT

Mon, 08 Jul 2019 17:00:00 GMT

NEW YORK, NY / ACCESSWIRE / July 9, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Intersect ENT, Inc. (“Intersect” or the “Company”) (XENT). Such investors are advised to ...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT

Fri, 05 Jul 2019 03:00:00 GMT

NEW YORK, July 05, Jul 05, 2019 (GLOBE NEWSWIRE via COMTEX) -- Pomerantz LLP is investigating claims on behalf of investors of Intersect ENT, Inc. ("Intersect" or the "Company") XENT, -0.53%. Such ...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Intersect ENT, Inc. - XENT

Thu, 20 Jun 2019 12:15:00 GMT

NEW YORK, June 20, 2019 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Intersect ENT, Inc. ("Intersect" or the "Company") (NASDAQ: XENT). Such investors are advised to ...

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