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Deadline coming up in Lawsuit for Investors in Myriad Genetics, Inc. (NASDAQ: MYGN)

11-12-2019 06:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on November 26, 2019 in the lawsuit for certain investors in Myriad Genetics, Inc. (NASDAQ: MYGN) and NASD

A Deadline is coming up on November 26, 2019 in the lawsuit for certain investors in Myriad Genetics, Inc. (NASDAQ: MYGN) and NASD

A deadline is coming up on November 26, 2019 in the lawsuit filed for certain investors of Myriad Genetics, Inc. (NASDAQ: MYGN) over alleged securities laws violations by Myriad Genetics, Inc.

Investors who purchased shares of Myriad Genetics, Inc. (NASDAQ: MYGN) have certain options and there are strict and short deadlines running. Deadline: November 26, 2019. NASDAQ: MYGN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Utah the plaintiff alleges on behalf of purchasers of Myriad Genetics, Inc. (NASDAQ: MYGN) common shares between September 2, 2016 and August 13, 2019, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between September 2, 2016 and August 13, 2019, the defendants made false and/or misleading statements and/or failed to disclose that GeneSight lacked evidence or information sufficient to support the tests in their current form, including their purported benefits, that the U.S. Food and Drug Administration (“FDA”) had requested changes to GeneSight and questioned the validity of the test’s purported benefits, that Myriad had been in ongoing discussions with the FDA regarding the FDA’s requested changes to GeneSight, that Myriad’s acquisition of Counsyl – and thereby, Foresight – caused the Company to incur the risk of suffering from lower reimbursement for its expanded carrier screening tests, which had the potential to, and actually did, materialize into a material negative impact on the Company’s revenue, and that as a result, Myriad’s public statements were materially false and misleading at all relevant times

Those who purchased shares of Myriad Genetics, Inc. (NASDAQ: MYGN) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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