Kuehn law encourages investors of butterfly network, inc. to contact law firm

New york , march 25, 2025 /prnewswire/ -- kuehn law, pllc, a shareholder litigation law firm, is investigating whether certain officers and directors of butterfly network, inc. (nyse: bfly)  breached their fiduciary duties to shareholders.  according to a federal securities lawsuit, insiders at butterfly network caused the company to misrepresent or fail to disclose that (i) butterfly had overstated its post-merger business and financial prospects; (ii) notwithstanding the ongoing covid-19 pandemic, butterfly's financial projections failed to take into account the pandemic's broad consequences, which included healthcare logistical challenges, and medical personnel fatigue; (iii) accordingly, butterfly's gross margin levels and revenue projections were less sustainable than the company had represented; (iv) all the foregoing was reasonably likely to have a material negative impact on butterfly's business and financial condition; and (v) as a result, the company's public statements were materially false and misleading at all relevant times.
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