Kuehn Law Encourages Investors Of Owlet, Inc. To Contact Law Firm

9/12/2024 8:46:55 AM

(MENAFN- PR Newswire) NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Owlet, Inc. (NYSE: OWLT )
breached their fiduciary duties to shareholders.

According to a federal securities lawsuit, Owlet insiders caused the company to misrepresent or fail to disclose that (1) Owlet was reasonably likely to be required to obtain marketing authorization for the Smart Sock because the FDA concluded it was a medical device; (2) Owlet was reasonably likely to cease commercial distribution of the Smart Sock in the U.S. until it obtained the requisite approval; and (3) positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you are a long-term OWLT stockholder please
contact
Justin Kuehn, Esq.
here or call (833) 672-0814. The consultation and case are free with no obligation to you. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

Why Your Participation Matters:

As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future

For additional information, please visit Shareholder Derivative Litigation - Kuehn Law .

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
[email protected]
(833) 672-0814

SOURCE Kuehn Law, PLLC

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