ACCESS Newswire
22 Sep 2022, 00:31 GMT+10
LOS ANGELES, CA / ACCESSWIRE / September 21, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fulgent Genetics, Inc. ('Fulgent' or 'the Company') (NASDAQ:FLGT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between March 22, 2019 and August 4, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before November 21, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Fulgent engaged in unnecessary laboratory testing, violations of the Anti-Kickback Statute and Stark Law, and improper billing practices. The Company was likely to become the target of regulatory interest for these practices. The Company derived revenue from these practices that was unsustainable. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Fulgent, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts:
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE: The Schall Law Firm
Get a daily dose of Raleigh Times 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 Raleigh Times.
More InformationNEW YORK, New York - U.S. stocks made only minor moves in both directions,Thursday, as investors fretted about the Israel-Iran conflict...
PARIS, France: Luxury group Kering's decision to tap Luca de Meo as its next chief is being seen as a daring but necessary attempt...
NEW YORK CITY, New York: The Trump family has unveiled a new venture in the telecom sector — and it's drawing as much scrutiny as it...
KANANASKIS, Alberta: With key tariff deadlines approaching, British Prime Minister Keir Starmer said this week that finalizing the...
PARIS, France: The Paris Airshow kicked off on June 16, attracting attention with expected aircraft orders, but overshadowed by the...
NEW YORK, New York - U.S. stocks were largely range-bound Wednesday after the Federal Reserve decided to maintain the target range...
Washington [US], June 18 (ANI): R&B singer R Kelly, convicted of racketeering and sex trafficking in 2021, has found himself at the...
ABU DHABI, 16th May, 2025 (WAM) -- Etihad Airways has announced a new addition to its growing US network with the launch of non-stop...
Top adviser Stephen Miller has urgedUS President Donald Trump to take a harsh line on immigration starting with the infamous Muslim...
Prime Minister Benjamin Netanyahu has maintained that preventing Iran from developing a nuclear weapon is the main goal of Israels...
Prime Minister Benjamin Netanyahu has maintained that preventing Iran from developing a nuclear weapon is the main goal of Israels...
WASHINGTON, D.C. - The heart of Washington, D.C., became a landing zone June 14 when an AH-64E Apache helicopter touched down on the...