Need Help? Call : (310) 914-5007
Need Help? Call : (310) 914-5007
The Law Offices of Frank R. Cruz announces an investigation of InMode Ltd. (“InMode” or the “Company”) (NASDAQ: INMD) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On June 30, 2026, a longstanding shareholder of InMode, Steel Partners Holdings L.P., issued a public letter to InMode’s Board of Directors, stating that “over the last six months,” the Company has displayed “a series of disastrous governance failures that have created a situation wherein its own CEO may be able to acquire the Company at a price below what the Board previously rejected.” Specifically, the letter claims that InMode’s Chief Executive Officer “accumulated roughly 800,000 shares in open-market purchases between February 24[, 2026] and March 10, 2026 — in the narrow window surrounding material corporate events, including the March 13, 2026 buyback announcement that moved the stock nearly 6%. These purchases are consistent with trading while in possession of material non-public information and with usurpation of a corporate opportunity belonging to the Company and all of its shareholders.”
If you suffered a loss on your InMode Ltd. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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