CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Owlet, Inc. Shareholders of Securities Fraud Class Action Lawsuit and Encourages Investors with Substantial Losses to Contact the Firm

Key Facts

, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed against Owlet, Inc. ("Owlet") (NYSE: OWLT) f/k/a Sandbridge Acquisition Corp. (NYSE: SBG) ("Sandbridge").
The FDA's letter informed Owlet that its marketing for the Owlet Smart Sock in "renders the Smart Sock a medical device requiring premarket clearance or approval from FDA, and that [Owlet] has not obtained such clearance or approval in violation of the Federal, Food, Drug, and Cosmetic Act."
Owlet investors may, no later than , seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member.
Kessler Topaz Meltzer & Check, LLP encourages Owlet investors who have suffered significant losses to contact the firm directly to acquire more information.