Deadline Approaching for SeaStar Medical Holding Corporation Investors – Lawsuit Update

Investors in SeaStar Medical Holding Corporation (NASDAQ:ICU)(NASDAQ:ICUCW) are facing a critical deadline on October 31, 2024, in a lawsuit that was filed for certain investors who purchased shares of the company. The Shareholders Foundation, Inc. has issued a statement urging investors who bought shares in excess of $100,000 between October 31, 2022, and March 26, 2024, to take action before the deadline.

The lawsuit alleges that SeaStar Medical Holding Corporation and Legacy SeaStar had deficient compliance controls and procedures related to the HDE Application, leading to potential issues with FDA approval and overstated regulatory prospects. Additionally, the company is accused of downplaying deficiencies in financial controls and procedures, potentially leading to restatements of financial statements and overestimation of post-merger business prospects.

Investors who purchased shares of SeaStar Medical Holding Corporation (NASDAQ:ICU)(NASDAQ:ICUCW) are encouraged to contact the Shareholders Foundation, Inc. for more information on their options and next steps. The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides information on shareholder issues and securities class actions in the stock market.

For more information, investors can contact Michael Daniels at mail@shareholdersfoundation.com or call +1 (858) 779-1554. The deadline is fast approaching, so investors are advised to act promptly to protect their interests in this legal matter.

Source: Shareholders Foundation, Inc.