Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against InMode Ltd. on behalf of investors. This probe follows a June 30, 2026, letter from shareholder Steel Partners Holdings L.P. alleging disastrous governance failures.
The letter claims the CEO purchased a large number of shares during a narrow window around material corporate events. Steel Partners alleges this trading activity is consistent with the use of non-public information.
InMode's board confirmed on July 10, 2026, that it received an unsolicited acquisition proposal from Steel Partners. The company has formed a special committee of independent directors to evaluate the takeover bid.