INSP INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Inspire Medical Systems, Inc.

The law firm of Kirby McInerney LLP reminds Inspire Medical Systems, Inc. (“Inspire” or the “Company”) (NYSE:INSP) investors of the January 5, 2026 deadline to seek lead plaintiff appointment in the class action filed on behalf of investors who acquired Inspire securities between August 6, 2024 through August 4, 2025 (“the Class Period”).

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What Is The Lawsuit About?

The lawsuit alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) demand for Inspire, an implantable medical device for the treatment of obstructive sleep apnea which uses an implanted sensor and neurostimulator designed to improve respiration during sleep, was poor, as providers had significant amounts of surplus inventory and were reluctant to transition to a new treatment; and (ii) contrary to Defendants’ statements assuring investors that Inspire Medical had taken all necessary steps to ensure a successful launch and, later, that the launch was in fact proceeding successfully – Inspire Medical had failed to complete basic tasks that were essential predicates to launch.

On August 4, 2025, the Company revealed that the Inspire V launch was facing an “elongated timeframe” because, among other issues, “many centers [had not] complete[d] the training, contracting and onboarding criteria required prior to the purchase and implant of Inspire V.” That same day, Defendants further admitted that “software updates for claims submissions and processing did not take effect until July 1,” which meant that “implanting centers [were] not … able to bill for those procedures until July 1.” As a result, many treatment centers chose to continue to treat with an earlier version of Inspire. Finally, Defendants revealed that the Inspire V rollout was plagued by poor demand resulting from excess inventory, and the Company reduced its 2025 earnings guidance by more than 80%. On this news, the price of Inspire shares declined by $42.04 per share, or approximately 32.35%, from $129.95 per share on August 4, 2025, to close at $87.91 on August 5, 2025.

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What Should I Do?

If you purchased or otherwise acquired Inspire securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

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Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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