Securities Fraud Investigation Into InMode Ltd. (INMD) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of InMode Ltd. (“InMode” or the “Company”) (NASDAQ: INMD) investors concerning the Company’s possible violations of the federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON INMODE LTD. (INMD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
What Happened?
On June 30, 2026, a longstanding shareholder of InMode, Steel Partners Holdings L.P., issued a public letter to InMode’s Board of Directors, stating that “over the last six months,” the Company has displayed “a series of disastrous governance failures that have created a situation wherein its own CEO may be able to acquire the Company at a price below what the Board previously rejected.” Specifically, the letter claims that InMode’s Chief Executive Officer “accumulated roughly 800,000 shares in open-market purchases between February 24[, 2026] and March 10, 2026 — in the narrow window surrounding material corporate events, including the March 13, 2026 buyback announcement that moved the stock nearly 6%. These purchases are consistent with trading while in possession of material non-public information and with usurpation of a corporate opportunity belonging to the Company and all of its shareholders.”
