Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Shareholder lawsuit against iRhythm
Lawsuit filed
A shareholder filed a federal securities lawsuit against iRhythm Technologies, alleging that the company and its former CEO misled investors about the impact of a CMS reimbursement-rate change. These are allegations in the complaint.
Source excerpt
On Monday a shareholder filed suit in the Northern District of California against iRhythm Technologies, Inc. (iRhythm) for federal securities violations
The plaintiff, on behalf of a putative class of investors, accused the company and its former CEO, Kevin M. King, of misleading investors about the impact of a U.S. Centers for Medicare and Medicaid Services (CMS) reimbursement rate change.