NEW YORK--(BUSINESS WIRE)--Jan 5, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Inspire Medical Systems, Inc. (“Inspire Medical” or the “Company”) (NYSE: INSP) and reminds investors of the January 5, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
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As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose key facts about Inspire V, including the actual market demand for the device and whether the company had taken the steps necessary to successfully launch it. Defendants issued a series of materially false and misleading statements that led investors to believe demand for Inspire V was strong and that Company had taken the necessary steps for a successful launch.
On August 4, 2025, Inspire Medical Systems announced significant setbacks in the launch of its new Inspire V device. The company revealed that the rollout was taking much longer than expected because many treatment centers had not yet completed the required training, contracting, and onboarding needed to begin using the product. Inspire also disclosed billing and reimbursement challenges, explaining that although Medicare had approved a CPT code for Inspire V, the necessary software updates for claims processing did not go into effect until July 1. As a result, implanting centers could not bill for procedures before that date and instead continued using the older Inspire IV system.
In addition to these logistical and reimbursement problems, Inspire reported that the Inspire V launch was suffering from weak demand and excess inventory. These issues forced the company to sharply cut its 2025 earnings guidance by more than 80%. Following these revelations, Inspire’s stock price fell more than 32% in a single day—from $129.95 per share on August 4, 2025, to $87.91 per share on August 5, 2025—wiping out approximately $1.2 billion in market capitalization.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Inspire Medical’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Inspire Medical class action, go to www.faruqilaw.com/INSP or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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FINAL DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds Inspire Medical Systems Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 5, 2026
CORPUS CHRISTI, Texas (AP) — Families whose loved ones died in the Uvalde, Texas, elementary school massacre sobbed in court while listening to frantic 911 calls during the first day of testimony in the trial of a police officer accused of failing to protect the children by not doing enough to stop the attack.
A prosecutor told jurors Tuesday that former school officer Adrian Gonzales arrived outside the school just before the teenage gunman went inside but didn’t make a move to stop him even when a teacher pointed to where he was firing in a parking lot.
The officer went into Robb Elementary only “after the damage had been done,” special prosecutor Bill Turner said during opening statements.
The judge overseeing the case and attorneys warned jurors that the testimony and images will be emotional and difficult to process. Among those expected to testify will be some of the victims’ families.
Tissue boxes were brought to the families as the testimony began. Some shook their heads as they listened to audio from the first calls for help. Their cries grew louder as the horror unfolded on the recordings.
Defense attorneys disputed that Gonzales — one of two officers charged in the 2022 attack — did nothing, saying he radioed for more help and evacuated children as other police arrived.
“The government makes it want to seem like he just sat there,” said defense attorney Nico LaHood. “He did what he could, with what he knew at the time.”
Prosecutors focused sharply on Gonzales’ steps in the minutes after the shooting began and as the first officers arrived. They did not address the hundreds of other local, state and federal officers who arrived and waited more than an hour to confront the gunman, who was eventually killed by a tactical team of officers.
Gonzales has pleaded not guilty to child abandonment or endangerment and could be sentenced to a maximum of two years in prison if convicted.
Witness testimony will resume Thursday morning.
Defense attorneys said Tuesday that Gonzales was focused on assessing where the gunman was while also thinking he was being fired on without protection against a high-powered rifle.
“This isn’t a man waiting around. This isn’t a man failing to act,” defense attorney Jason Goss said.
Gonzales and former Uvalde schools Police Chief Pete Arredondo are the only two officers to face criminal charges over the response. Arredondo’s trial has not been scheduled.
Gonzales, a 10-year veteran of the police force, had extensive active shooter training, the special prosecutor said.
“When a child calls 911, we have a right to expect a response,” Turner said, his voice trembling with emotion.
As Gonzales waited outside, children and teachers hid inside darkened classrooms and grabbed scissors “to confront a gunman,” Turner said. “They did as they had been trained.”
It’s rare for an officer to be criminally charged with not doing more to save lives.
“He could have stopped him, but he didn’t want to be the target,” said Velma Lisa Duran, sister of teacher Irma Garcia, who was among the 19 students and two teachers who were killed.
Some families of the victims have voiced anger that more officers were not charged given that nearly 400 federal, state and local officers converged on the school soon after the attack.
An investigation found 77 minutes passed from the time authorities arrived until they breached the classroom and killed Salvador Ramos, who was obsessed with violence and notoriety leading up to the shooting.
State and federal reviews of the shooting cited cascading problems in law enforcement training, communication, leadership and technology, and questioned why officers waited so long.
The officer’s attorneys told jurors that there was plenty of blame to go around — from the lack of security at the school to police policy — and that prosecutors will try to play on their emotions by showing photos from the scene.
“What the prosecution wants you to do is get mad at Adrian. They are going to try to play on your emotions,” Goss said.
“The monster who hurt these children is dead,” he said.
Prosecutors likely will face a high bar to win a conviction. A Florida sheriff’s deputy was acquitted by a jury after being charged with failing to confront the shooter in the Parkland, Florida, school massacre in 2018 — the first such prosecution in the U.S. for an on-campus shooting.
Vertuno reported from Austin, Texas. Associated Press journalists Nicholas Ingram in Corpus Christi, Texas; Juan A. Lozano in Houston; and John Seewer in Toledo, Ohio, contributed.
Texas Ranger detective Jason Shea looks at photos of a phone as he gives testimony during a trial for former Uvalde school district police officer Adrian Gonzales at the Nueces County Courthouse in Corpus Christi, Texas, Tuesday, Jan. 6, 2026. (AP Photo/Eric Gay)
Texas Ranger detective Jason Shea gives testimony during a trial for former Uvalde school district police officer Adrian Gonzales at the Nueces County Courthouse in Corpus Christi, Texas, Tuesday, Jan. 6, 2026. (AP Photo/Eric Gay)
Former Uvalde school district police officer Adrian Gonzales, left, stands with his attorney Nico LaHood during a break in his trial at the Nueces County Courthouse in Corpus Christi, Texas, Tuesday, Jan. 6, 2026. (AP Photo/Eric Gay, Pool)
Family members attend the trial for former Uvalde school district police officer Adrian Gonzales at the Nueces County Courthouse in Corpus Christi, Texas, Tuesday, Jan. 6, 2026. (AP Photo/Eric Gay)