Masimo Agrees to Pay Settlement to $MASI Investors — Here’s How to Get Your Share

Court: S.D. California

Case: 3:23-cv-01546

Masimo has agreed to pay a settlement to MASI investors to resolve claims that it misled shareholders about delayed orders and elevated inventory levels, which impacted financial performance.

What is this settlement?

On July 17, 2023, Masimo released preliminary Q2 2023 results showing weaker-than-expected revenue. The company cited delays in anticipated large orders and decreased sales of single-patient use sensors due to high inventory at customer sites.

Following this announcement, MASI dropped about 20%, leading to shareholder losses.

Then, on August 22, 2023, investors filed a class action lawsuit against the company. Masimo has now agreed to settle the case.

What can you do to recover your losses now?

While the details are still being finalised, you can already submit your claim and be notified of any further updates.

More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.