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Investigation launched into CVRx over DOJ probe, sales issues, and sudden CRO firing.

Market News
10 Sep 2026
PRNewsWire
View Source
Bearish
Investigation launched into CVRx over DOJ probe, sales issues, and sudden CRO firing.

Hagens Berman has opened a legal investigation into CVRx following a U.S. Department of Justice Civil Investigative Demand concerning possible false claims and kickbacks related to its heart failure device, Barostim. The company also cut its 2026 revenue guidance sharply, revealed sales force problems, and saw a major Medicare Advantage approval drop. After these disclosures, CVRx's stock fell 59%, and the Chief Revenue Officer was abruptly fired. The investigation will examine if CVRx misled investors about its sales and reimbursement status and the link between the DOJ probe and the CRO's termination.

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