The U.S. District Court for the Central District of California has dismissed a class action lawsuit against InfuSystem (NYSE:INFU) alleging that the company, its ex-CEO and former chief finance executive violated federal securities laws by misleading investors with its financial statements.
The case was brought against InfuSystem in Nov. 2016, after the company and its former CEO, Eric Steen, alongside former CFO Jonathan Foster, informed investors that its financial statements dating back to 2015 couldn’t be relied upon.
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