Fitbit is facing another possible class action lawsuit from investors who say the company did not disclose problems with its technology. Filed Monday by Rosen Law Firm, a global investors rights firm, the suit includes purchasers of Fitbit stock from June 18, 2015 to Jan. 6, 2016. The claim is that the company did not disclose that Fitbit’s heart rate technology is inaccurate and therefore could pose health risks to consumers. Consumers filed a class-action lawsuit against Fitbit in January, making that claim. Fitbit has said the technology is accurate. When “the true details entered the market,” meaning the consumer lawsuit, the investors “suffered damages,” according to the suit. The class has not yet been certified in the investor lawsuit.
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