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The complaint alleges Defendants made materially false and misleading statements and failed to disclose that: (1) Fulgent had been conducting medically unnecessary laboratory testing, engaging improper billing practices related to laboratory testing, and providing or receiving compensation in violation of the Anti-Kickback statute and Stark Law; (2) accordingly, Fulgent was likely to become subject to enhanced legal and regulatory scrutiny; and, (3) Fulgent’s revenues, to the extent they were derived from unlawful conduct, were unsustainable

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Fulgent Genetics (FLGT) Investors with ...

Hagens Berman urges Fulgent Genetics, Inc. (NASDAQ: FLGT) investors who suffered significant losses to submit your losses now. A securities fraud class action has been filed after Fulgent disclosed the DOJ and SEC are conducting investigations

By Hagens Berman Sobol Shapiro LLP
Published - Nov 14, 2022, 12:11 PM ET
Last Updated - Jul 30, 2024, 12:27 AM EDT

SAN FRANCISCO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Hagens Berman urges Fulgent Genetics, Inc. (NASDAQ: FLGT) investors who suffered significant losses to submit your losses now. A securities fraud class action has been filed after Fulgent disclosed the DOJ and SEC are conducting investigations.

Class Period: Mar. 22, 2019 – Aug. 4, 2022
Lead Plaintiff Deadline: Nov. 21, 2022
Visit: www.hbsslaw.com/investor-fraud/FLGT
Contact An Attorney Now: FLGT@hbsslaw.com
844-916-0895

Fulgent Genetics, Inc. (NASDAQ: FLGT) Securities Fraud Class Action:

The litigation focuses on Fulgent’s previously claimed “very strong” and “truly outstanding” financial results.

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