Securities Fraud Class Action Lawsuit Pending Against CVRx, Inc.: The Law Offices of Howard G. Smith Highlights Lead Plaintiff Deadline

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Suit alleges CVRx, Inc. failed to disclose material facts to investors who bought from July 25, 2023 through August 6, 2026; investors may seek lead plaintiff appointment by January 8, 2027

CVRx, Inc. ("CVRx" or the "Company") (NASDAQ: CVRX) is the subject of a securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired the Company's securities from July 25, 2023 through August 6, 2026, inclusive. The Law Offices of Howard G. Smith today reported the lawsuit, Oklahoma Police Pension and Retirement System v. CVRx, Inc. et al., which was filed on November 9, 2026 in the U.S. District Court District of Minnesota (Case No. 0:26-cv-04746). The deadline for CVRx, Inc. investors to file a lead plaintiff motion is January 8, 2027.

Investors with losses on CVRx, Inc. securities can contact The Law Offices of Howard G. Smith about the CVRx, Inc. class action to discuss potential claims under the federal securities laws before the January 8, 2027 lead plaintiff deadline.

Important dates in the CVRx, Inc. case

  • Complaint filing date: November 9, 2026
  • Court: U.S. District Court District of Minnesota
  • Class period: July 25, 2023 through August 6, 2026, inclusive
  • Deadline for lead plaintiff motions: January 8, 2027

What happened?

On August 6, 2026, after the market close, CVRx filed a Form 10-Q with the SEC disclosing that on May 14, 2026, the Company “received a civil investigative demand from the U.S. Department of Justice in connection with an investigation under the False Claims Act.” The Company stated that the “CID requested information and documents regarding an investigation into whether [CVRx] caused the submission of false claims to government health insurance programs by improperly marketing [its] device, offering or paying kickbacks to healthcare providers or providing false information to government health insurance programs.”

On this news, CVRx stock fell $3.55, or 59.76%, to close at $2.39 on August 7, 2026, thereby injuring investors.

Allegations in the CVRx, Inc. lawsuit

The CVRx, Inc. shareholder lawsuit alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about CVRx, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) to induce sales growth, CVRx and/or its employees were engaged in illegal and unsustainable sales practices, including improperly marketing Barostim, offering or paying kickbacks, and providing false information to government health insurance programs in violation of the False Claims Act (“FCA”) and Anti-Kickback Statute (“AKS”); (2) CVRx’s revenues were in part the product of such unlawful conduct and thus unsustainable; (3) the illegal sales and marketing activities increased the risk of criminal and civil liability; and (4) as a result, defendants' positive statements about CVRx, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

CVRx, Inc. investors who purchased or otherwise acquired securities during the class period may move the Court by January 8, 2027 to seek appointment as lead plaintiff in this putative class action.

"The lawsuit against CVRx, Inc. alleges that, among other things, the Company failed to tell investors that to induce sales growth, CVRx and/or its employees were engaged in illegal and unsustainable sales practices, including improperly marketing Barostim, offering or paying kickbacks, and providing false information to government health insurance programs in violation of the False Claims Act ('FCA') and Anti-Kickback Statute ('AKS'). CVRx, Inc. investors who bought during the class period may be able to pursue their losses through this class action, and the January 8, 2027 lead plaintiff deadline is an important first date," said Howard G. Smith of The Law Offices of Howard G. Smith.

Next steps for CVRx, Inc. investors

CVRx, Inc. investors who suffered losses may contact The Law Offices of Howard G. Smith to learn about pursuing their claims. For more information, visit the firm's website, email howardsmith@howardsmithlaw.com, or call (215) 638-4847.

To be a member of the CVRx, Inc. class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. No class has been certified so far in the CVRx, Inc. case.

Common questions from CVRx, Inc. investors

Who is eligible? Investors who acquired CVRx, Inc. securities from July 25, 2023 through August 6, 2026 and suffered losses may qualify for the class in the CVRx, Inc. shareholder lawsuit.

Where is the CVRx, Inc. case pending? The CVRx, Inc. class action, Oklahoma Police Pension and Retirement System v. CVRx, Inc. et al., is pending in the U.S. District Court District of Minnesota (Case No. 0:26-cv-04746).

Do I have to do anything to be in the CVRx, Inc. class? No, CVRx, Inc. investors need not take any action at this time and may remain absent class members.

Does it cost anything? The Law Offices of Howard G. Smith works on contingency, meaning CVRx, Inc. investors owe no attorneys' fees out of pocket. Any attorneys' fees and litigation expenses are paid solely from a recovery, if achieved, and require court approval.

About The Law Offices of Howard G. Smith

The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.

Prior results do not guarantee a similar outcome.

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