Law Offices of Howard G. Smith announces an investigation on behalf of Paragon 28, Inc. (“Paragon” or the “Company”) (NYSE: FNA) investors concerning the Company’s possible violations of federal securities laws.

On July 30, 2024, after market hours, Paragon disclosed that the Company’s previously issued financial statements from 2023 and 2024 should no longer be relied upon “due to errors in such financial statements” related to “accounting” and would therefore require restatements. Additionally, the Company reported that it had identified “one or more material weaknesses in its internal control over financial reporting.”

On this news, Paragon’s stock price fell $1.24, or 13.7%, to close at $7.79 per share on July 31, 2024, thereby injuring investors.

If you purchased Paragon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240801920566/en/