Press release
Deadline in Lawsuit for Investors in Sema4 Holdings Corp. (NASDAQ: SMFR) coming up on November 7, 2022
A Deadline is coming up on November 7, 2022 in the lawsuit for certain investors in Sema4 Holdings Corp. (NASDAQ: SMFR).
Investors who purchased shares of Sema4 Holdings Corp. (NASDAQ: SMFR) have certain options and there are strict and short deadlines running. Deadline: November 7, 2022. NASDAQ: SMFR 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 Connecticut the plaintiff alleges on behalf of purchasers of Sema4 Holdings Corp. (NASDAQ: SMFR) common shares between March 14, 2022 and August 15, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 14, 2022 and August 15, 2022, the Defendants failed to disclose to investors that there was a significant risk that Sema4 would reverse a material amount of previously recognized revenue that it could not recoup from third party payors, that the Company was experiencing declining selling prices for its reproductive health segment, that, as a result of the foregoing, Sema4's financial results would be adversely affected, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Sema4 Holdings Corp. (NASDAQ: SMFR) 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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