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Investigation announced for Long-Term Investors who lost money in shares of Sema4 Holdings Corp. (NASDAQ: SMFR)

02-01-2023 04:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Sema4 Holdings Corp. (NASDAQ: SMFR) shares.

An investigation on behalf of current long term investors in Sema4 Holdings Corp. (NASDAQ: SMFR) shares.

An investigation was announced for long-term investors in shares of Sema4 Holdings Corp. (NASDAQ: SMFR) concerning potential breaches of fiduciary duties by certain directors of Sema4 Holdings Corp..

Investors who are current long term investors in Sema4 Holdings Corp. (NASDAQ: SMFR) shares, 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 for current long term investors in NASDAQ: SMFR stocks follows a lawsuit filed against Sema4 Holdings Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SMFR stocks, concerns whether certain Sema4 Holdings Corp. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of Connecticut the plaintiff alleges that, 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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