Fulgent Genetics

FLGT

ATLANTA, GA – – (Newsfile Corp. – September 20, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Fulgent Genetics, Inc. (“Fulgent Genetics” or the “Company”) (NASDAQ: FLGT).  The lawsuit alleges Fulgent Genetics made materially false and misleading statements and/or failed to disclose material adverse facts about its business, operations, and compliance policies, including: (1) Fulgent Genetics had been conducting unnecessary laboratory testing, engaging in improper billing practices, and providing or receiving remuneration in violation of the Anti-Kickback Statute and Stark Law; (2) accordingly, the Company was likely to become subject to enhanced legal and regulatory scrutiny; (3) the Company’s revenues, to the extent they were derived from the unlawful conduct, were unsustainable; and (4) the foregoing, once revealed, was likely to subject Fulgent Genetics to significant financial and/or reputational harm.

 

If you bought shares of Fulgent Genetics between March 22, 2019 and August 4, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/fulgent-genetics/ to learn more.

 

The deadline to ask the court to be appointed lead plaintiff in the case is November 21, 2022.

Registration Deadline

Lead Plaintiff Deadline Has Passed

November 21, 2022

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