Inari Medical, Inc.

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Investigation Details

On February 28, 2024, after the market close, Inari Medical announced Q4 and full-year 2023 financial results and disclosed receipt of a civil investigative demand from the US Department of Justice under the federal Anti-Kickback Statute and Civil False Claims Act over certain payments to healthcare professionals. Following this news, on February 29, 2024, shares of Inari Medical, Inc. dropped more than 7%.