A securities fraud class action was initiated against GeneDx Holdings Corp. on behalf of public investors, who were offered the opportunity to lead the case, according to PR Newswire.
The notice invites affected shareholders to participate in the litigation as lead plaintiff. Securities class actions of this kind proceed on behalf of investors alleging harm.
The announcement reflects the start of the legal process rather than a finding of liability. GeneDx investors are directed to consider their participation.
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Sources:
https://www.prnewswire.com/news-releases/wgs-investors-have-opportunity-to-lead-genedx-holdings-corp-securities-fraud-lawsuit-302812196.html