Kuehn Law Encourages Investors of Owlet, Inc. to Contact Law Firm
Owlet(OWLT) Prnewswire·2024-09-12 20:37
NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Owlet, Inc. (NYSE: OWLT) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Owlet insiders caused the company to misrepresent or fail to disclose that (1) Owlet was reasonably likely to be required to obtain marketing authorization for the Smart Sock because the FDA concluded it was a medical device; (2) Owlet was rea ...