A securities class action lawsuit has been filed against CVRx, Inc. (“CVRx” or the “Company”) (NASDAQ: CVRX) on behalf of investors who purchased or otherwise acquired CVRx, Inc. securities from July 25, 2023 to August 6, 2026, inclusive. The Law Offices of Frank R. Cruz today reported the case, Oklahoma Police Pension and Retirement System v. CVRx, Inc. et al., filed on November 9, 2026 in the U.S. District Court District of Minnesota (Case No. 0:26-cv-04746). Lead plaintiff motions in the CVRx, Inc. case are due by January 8, 2027.
If you lost money on CVRx, Inc. investments, contact The Law Offices of Frank R. Cruz to learn more about the CVRx, Inc. class action and your potential claims under the federal securities laws before the January 8, 2027 lead plaintiff deadline.
CVRx, Inc. lawsuit key dates
- Filed: November 9, 2026
- Court: U.S. District Court District of Minnesota
- Class period: July 25, 2023 to August 6, 2026, inclusive
- Lead plaintiff motion deadline: 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.
What is the CVRx, Inc. class action about?
The CVRx, Inc. securities 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.
Investors who purchased or otherwise acquired CVRx, Inc. securities during the class period may ask the Court, no later than January 8, 2027, to appoint them lead plaintiff in this putative class action.
“According to the complaint filed against CVRx, Inc., the Company, among other things, failed to disclose 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”). Now that the case has been filed, the January 8, 2027 deadline is the date investors who bought during the class period should know,” said Frank R. Cruz of The Law Offices of Frank R. Cruz.
What should CVRx, Inc. investors do now?
The Law Offices of Frank R. Cruz can help CVRx, Inc. investors evaluate potential claims to recover their losses. To learn more, visit the CVRx, Inc. case page, email info@frankcruzlaw.com, or call 310-914-5007.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
CVRx, Inc. investors need not take any action at this time to be class members. Investors may retain counsel of their choice or take no action and remain absent class members. No class has been certified yet in the CVRx, Inc. case.
Questions and answers about the CVRx, Inc. class action
Who is eligible? Investors who bought CVRx, Inc. securities between July 25, 2023 and August 6, 2026 and lost money may be class members in the CVRx, Inc. securities lawsuit.
What does a lead plaintiff do? The lead plaintiff is appointed by the court to represent all class members and direct the CVRx, Inc. class action, and lead plaintiff motions are due by January 8, 2027.
Must I act now to be part of the CVRx, Inc. class? No, CVRx, Inc. investors need not take any action at this time and may remain absent class members.
How are attorneys’ fees handled? The Law Offices of Frank R. Cruz works on contingency, so investors pay no attorneys’ fees unless there is a recovery, and any fees require court approval.
About The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.
Prior results do not guarantee a similar outcome.
Related links
- CVRx, Inc. case page, The Law Offices of Frank R. Cruz
- Complaint: Oklahoma Police Pension and Retirement System v. CVRx, Inc. et al., U.S. District Court District of Minnesota
- CVRx Form 10-Q
- CVRx, Inc. SEC filings index, EDGAR
- The Law Offices of Frank R. Cruz
Follow The Law Offices of Frank R. Cruz for updates on Twitter: twitter.com/FRC_LAW
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View source version on businesswire.com: https://www.businesswire.com/news/home/20261110559359/en/
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