CUTR INVESTOR DEADLINE

Robbins Geller Rudman & Dowd LLP Announces that Cutera, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Seite 2

Then, on April 12, 2023, Cutera announced that it had terminated its Executive Chairman and Chairman of the Board, defendant J. Daniel Plants, as well as its Chief Executive Officer, defendant David H. Mowry. On this news, the price of Cutera common stock declined more than 28%.

Finally, on May 9, 2023, Cutera reported disappointing financial results for the first quarter 2022 that were “below expectations due to execution challenges in the business” and announced that Cutera’s Chief Financial Officer, defendant Rohan Seth, had resigned. On this news, the price of Cutera common stock declined 30% over two trading sessions, further damaging investors.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Cutera common stock during the Class Period to seek appointment as lead plaintiff of the Cutera class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Cutera class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Cutera class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Cutera class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller is one of the world’s leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report for recovering more than $1.75 billion for investors in 2022 – the third year in a row Robbins Geller tops the list. And in those three years alone, Robbins Geller recovered nearly $5.3 billion for investors, more than double the amount recovered by any other plaintiffs’ firm. With 200 lawyers in 9 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: