GlobeNewswire Inc | Oct 12, 2020 03:38PM EDT

October 12, 2020

PHILADELPHIA, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating securities claims on behalf of investors of STAAR Surgical Company (STAAR Surgical or the Company) (NASDAQ: STAA) to determine whether STAAR may have issued materially misleading business information to investors.

STAARSurgical investors who purchased, or otherwise acquired, the Companys securitiesbetween February 26, 2020 and August 10,2020, both dates inclusive (the Class Period), and suffered losses greater than $100,000are encouraged to complete Kehoe Law Firms Securities Class Action Questionnaireor contact Kevin Cauley, Director, Business Development, (215) 792-6676, Ext. 802,kcauley@kehoelawfirm.com, securities@kehoelawfirm.com,to discuss the securities investigation or potential legal claims.

IF YOU WISH TO SERVE AS LEAD PLAINTIFF, YOU MUST MOVE THE COURT NO LATER THAN OCTOBER 19, 2020. To be a member of the class action, you do not need to take any action at this time; you may retain counsel of your choice; or you can take no action and remain an absent member of the class action. No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel, unless you retain an attorney. An investors ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

A class action lawsuit has been filed against STAAR Surgical. According to the complaint, throughout the Class Period, the STAAR Surgical Defendants, allegedly, misrepresented and/or failed to disclose to investors that the Company was overstating and/or mischaracterizing: (1) its sales and growth in China; (2) its marketing spend; (3) its research and development expenses; and as a result of the foregoing, (4) the STAAR Surgical defendants public statements were materially false and misleading at all relevant times.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiffside law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

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