September 6th Deadline coming up in Lawsuit for Investors who lost money with SeaStar Medical Holding Corporation (NASDAQ: ICU, ICUCW) shares

A deadline is coming up on September 6, 2024 in the lawsuit filed for certain investors of SeaStar Medical Holding Corporation (NASDAQ: ICU, ICUCW) over alleged securities laws violations by SeaStar Medical Holding Corporation.

Investors who purchased shares of SeaStar Medical Holding Corporation (NASDAQ: ICU, ICUCW) have certain options and there are strict and short deadlines running. Deadline: September 6, 2024. SeaStar Medical Holding Corporation (NASDAQ: ICU, ICUCW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Colorado the plaintiff alleges on behalf of purchasers of SeaStar Medical Holding Corporation (NASDAQ: ICU, ICUCW) common shares between October 31, 2022 and March 26, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 31, 2022 and March 26, 2024 , the defendants made false and/or misleading statements and/or failed to disclose that SeaStar and/or Legacy SeaStar had deficient compliance controls and procedures related to the HDE Application, that accordingly, there were deficiencies with the HDE Application, the FDA was unlikely to approve the HDE Application in its present form, and the SCD's regulatory prospects were overstated, that the Company had downplayed the true scope and severity of deficiencies in its financial controls and procedures, while overstating defendants' efforts to remediate the same, that accordingly, SeaStar had failed to properly account for the classification of certain outstanding warrants and the Prepaid Forward Agreement, that as a result, SeaStar was likely to restate one or more of its previously issued financial statements, that accordingly, SeaStar's post-Merger business and financial prospects were overstated, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of SeaStar Medical Holding Corporation (NASDAQ: ICU, ICUCW) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.