Orthofix Medical, Inc.

Stock ticker:

Before the market opened on September 12, 2023, Orthofix Medical, Inc. announced the terminations of the Company’s Chief Executive Officer, Chief Financial Officer, and Chief Legal Officer, following an investigation conducted by independent outside legal counsel.

In its press release, the Company stated, “As a result of the investigation, the Board determined that each of these executives engaged in repeated inappropriate and offensive conduct that violated multiple code of conduct requirements and was inconsistent with the Company’s values and culture.”

Shares of Orthofix Medical, Inc. dropped more than 25% in intraday trading on September 12, 2023.

Download Complaint

Are you a victim of corporate fraud?

Talk to us about your case.

Contact our attorneys for a no-cost case evaluation.