Kaplan Fox Announces Filing of Class Action Securities Lawsuit Against Embecta (EMBC)

EMBC Embecta Corp

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1. 1Kaplan Fox announced it has filed a class action securities lawsuit against Embecta (EMBC)
2. 2After Q2 adjusted EPS of $0.27 and a downward revenue guidance revision, shares fell more than 57%, closing at $3.90
3. 3The complaint alleges that the company reaffirmed its guidance on the Q1 earnings call despite knowing about the weakness in U.S. pen needles

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