ACCESSWIRE
22 Sep 2022, 04:13 GMT+10
BERGER MONTAGUE Announces That A Securities Fraud Class Action Lawsuit Was Filed Against Fulgent Genetics, Inc. (NASDAQ:FLGT); Lead Plaintiff Deadline is November 21, 2022
PHILADELPHIA, PA / ACCESSWIRE / September 21, 2022 / Berger Montague informs investors that a securities fraud class action lawsuit has been filed against Fulgent Genetics, Inc. ('Fulgent') (NASDAQ: FLGT) on behalf of those who purchased Fulgent securities between March 22, 2019 and August 4, 2022, both dates inclusive (the 'Class Period').
CLICK HERE TO SUBMIT YOUR FULGENT LOSSES
LEAD PLAINTIFF DEADLINE: NOVEMBER 21, 2022
CLASS PERIOD: MARCH 22, 2019 THROUGH AUGUST 4, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro at (215) 875-3093 or via email at jmaro@bm.net; or
Andrew Abramowitz at (215) 875-3015 or via email at aabramowitz@bm.net
According to the complaint, on August 4, 2022, Fulgent released its second quarter 2022 financial results, disclosing, among other items, that the SEC was investigating certain of Fulgent's reports filed with the SEC from 2018 through the first quarter of 2020. The release followed Fulgent's receipt of a civil investigative demand issued by the U.S. Department of Justice 'related to its investigation of allegations of medically unnecessary laboratory testing, improper billing for laboratory testing, and remuneration received or provided in violation of the Anti-Kickback Statute and the Stark Law.'
Following this news, Fulgent's stock price fell $11.02 per share, or 17.29%, over the following two trading days, to close at $52.72 per share on August 8, 2022.
Whistleblowers: Anyone with non-public information regarding Fulgent is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts:
James Maro, Senior Counsel
Berger Montague
(215) 875-3093
jmaro@bm.net
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
SOURCE: Berger Montague
Get a daily dose of San Francisco Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Francisco Star.
More Information(Photo credit: John David Mercer-USA TODAY Sports) Two sides with their sights set on the playoffs will square off when ...
The United States is the only Western nation among the world's 50 most conflict-ridden countries, according to new research that ...
(Photo credit: Jayne Kamin-Oncea-USA TODAY Sports) Running back Austin Ekeler will be sidelined for the second straight game when the ...
When Donald Trump spoke at the UN, everyone laughed. Now, Uncle Sam is just sadAhead of the latest UN General ...
Washington, DC [US], September 23 (ANI): The I2U2 group of India, Israel, the United Arab Emirates and the United States ...
(Photo credit: Stan Szeto-USA TODAY Sports) Head coach Kyle Shanahan and general manager John Lynch signed "multi-year" contract extensions with ...
MARTIN COUNTY, Florida: An Amazon driver making a delivery to a Florida home this week was bitten by a rattlesnake ...
CALGARY, Canada: From early 2024, the long-delayed and controversial Canadian government-owned Trans Mountain oil pipeline expansion (TMX) is expected to ...
ISLAMABAD, Pakistan: Pakistan's Supreme Court proceedings were broadcast live on state television on Monday, providing an unprecedented glimpse into the ...
MORGANTOWN, Pennsylvania: Pennsylvania state police said that nine teenage boys who escaped from the Abraxas Academy detention center this week ...
ANCHORAGE, Alaska: Anchorage is struggling to find housing options for more than 3,000 homeless residents, as the city's mass shelter ...
SEOUL, South Korea: Thousands of South Korean educators and school staff gathered in Seoul over the weekend to demand increased ...