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Grifols, S.A. (NASDAQ: GRFS)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in Grifols, S.A. (NASDAQ: GRFS) prior to January 8, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by manipulating the Company’s debt and EBITDA figures to artificially lower the Company’s reported leverage.

On January 8, 2024, after the market closed, Gotham City Research published a report alleging, among other things, that Grifols manipulated its debt and EBITDA figures to artificially lower its reported leverage. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Grifols, S.A. (NASDAQ: GRFS) prior to January 8, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.