Los Angeles — The Law Offices of Frank R. Cruz announces an investigation of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

On May 7, 2024, Masimo disclosed that it had received a subpoena from the Department of Justice (“DOJ”) in February “seeking documents and information related to the Company’s Rad-G and Rad-97 products, including information relating to complaints surrounding the products and the Company’s decision to recall select Rad-G products in 2024.”

On this news, Masimo’s stock price fell $15.98, or 11.8%, to close at $120.02 on May 8, 2024, thereby injuring investors.

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If you purchased Masimo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com.  If you inquire by email please include your mailing address, telephone number, and number of shares purchased.