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Investigation announced for long-term Investors in Illumina, Inc. (NASDAQ: ILMN) shares

10-22-2021 01:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Illumina, Inc. (NASDAQ: ILMN) shares over potential wrongdoing at Illumina, Inc.

An investigation on behalf of investors in Illumina, Inc. (NASDAQ: ILMN) shares over potential wrongdoing at Illumina, Inc.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Illumina, Inc..

Investors who purchased shares of Illumina, Inc. (NASDAQ: ILMN) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Illumina, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

On August 18, 2021, Illumina, Inc. announced that it had closed its acquisition of GRAIL, a cancer diagnostic company.

On August 24, 2021, it was reported that the U.S. Federal Trade Commission said it seeks to unwind life science company Illumina Inc's $7.1 billion acquisition of Grail, alleging it would harm innovation and boost prices.
Shares of Illumina, Inc. (NASDAQ: ILMN) declined from $526 per share on August 16, 2021 to $448.84 per share on August 31, 2021.

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

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 lawsuits, 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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