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Inari Medical, Inc.

Company NameInari Medical, Inc.
Stock SymbolNARI

On February 28, 2024, Inari announced that it had received a civil investigative demand from the U.S. Department of Justice “in connection with an investigation under the federal Anti-Kickback Statute and Civil False Claims Act” requesting information and documents “primarily relating to meals and consulting service payments provided to health care professionals.”

On this news, Inari’s stock price fell $12.14, or 20.8%, to close at $46.12 per share on February 29, 2024, thereby injuring investors. 

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