RADNOR, Pa., April 21, 2023 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating possible violations of federal securities laws on behalf of investors in Cutera, Inc. CUT (“Cutera”).

On April 12, 2023, upon the recommendation of a special committee and the majority of its Board of Directors, Cutera announced the resignation of its Executive Chairman and CEO for cause. Following this news, Cutera’s stock price fell over 27% to close at $19.44 on April 12, compared to its closing price of $27.07 on April 11, 2023.

Then, after trading hours on April 18, 2023, in response to Cutera’s Special Committee press release dated April 12, 2023, two directors of Cutera (including the founder and CIO of hedge fund Voce Capital Management LLC) – who together amounted to approximately 7.0 % of Cutera’s outstanding shares – issued a statement stating that Cutera’s press release dated April 12, 2023 “contains numerous misleading, incomplete and untrue statements.” Following this news, Cutera’s share price fell and continued to fall in the following trading days to close at $22.29 on April 21, 2023.

If you are a Cutera investor and would like to learn more about our research, please contact us CLICK HERE to complete our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or email info@ktmc.com. You can also click on the following link or paste it into your browser: https://www.ktmc.com/cutera-inc-investigation?utm_source=PR&utm_medium=link&utm_campaign=cutr&mktm=r

Kessler Topaz Meltzer & Check, LLP pursues class action lawsuits nationwide in state and federal courts relating to securities fraud, breaches of fiduciary duty and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world….