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Pomerantz investigates MiMedx for possible securities fraud after Q1 earnings miss and stock drop

Market News
12 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Pomerantz LLP is investigating MiMedx Group, Inc. for potential securities fraud following the company's Q1 2026 financial results, which showed a loss per share of $0.05 and revenue of $59 million, both below expectations. The company cited new Medicare reimbursement policies disrupting the wound care market, leading to lowered full-year sales forecasts. MiMedx's stock fell over 9% after the announcement. The investigation aims to determine if MiMedx and its executives engaged in unlawful practices affecting investors.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Ethereum breaks $1,900 resistance, fueled by strong buying and short liquidations

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Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

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Ethereum surges 11% in a week, driven by strong ETF inflows and Robinhood Chain activity.

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XRP Ledger hits 8M activated accounts despite drop in daily active users

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