Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Class action complaint filed against Butterfly Network
Lawsuit filed
The Klein Law Firm announced that a class action complaint had been filed on behalf of Butterfly Network shareholders, alleging that the company violated federal securities laws and made materially false or misleading statements or failed to disclose information. These are allegations in the complaint; the source reports no determination.
Source excerpt
The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Butterfly Network, Inc. f/k/a Longview Acquisition Corp. (NYSE: BFLY) alleging that the Company violated federal securities laws.
The filed complaint alleges that Butterfly Network, Inc. f/k/a Longview Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (i) Butterfly had overstated its post-merger business and financial prospects;