Eargo, Inc.

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of Eargo, Inc. (“Eargo”) (NASDAQ: EAR) breached their fiduciary duties to Eargo and its shareholders.  If you are an Eargo shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982, or jpettigrew@scott-scott.com.

Scott+Scott is investigating whether members of Eargo’s board of directors or senior management failed to manage Eargo in an acceptable manner, in breach of their fiduciary duties to Eargo, and whether Eargo and its shareholders have suffered damages as a result.

On September 22, 2021, Eargo revealed that it was the target of a criminal investigation by the U.S. Department of Justice (“DOJ”) regarding insurance reimbursement claims Eargo submitted on behalf of customers covered by federal employee health plans.  On January 6, 2022, Eargo announced that the criminal DOJ probe was no longer active, but would be referred to the DOJ’s civil division.

On April 29, 2022, the DOJ announced that Eargo agreed to pay over $34 million to settle common-law and False Claims Act allegations for unsupported diagnosis codes.

What You Can Do

If you are an Eargo shareholder, you may have legal claims against Eargo’s directors and officers.  If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at (844) 818-6982, or jpettigrew@scott-scott.com

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States.  The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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Joe Pettigrew

Scott+Scott Attorneys at Law LLP

600 W. Broadway, Suite 3300, San Diego, CA 92101

(844) 818-6982