openPR Logo
Press release

Investigation announced for Investors who lost money with shares of 23andMe Holding Co. (NASDAQ: ME)

12-11-2023 09:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in 23andMe Holding Co. (NASDAQ: ME) shares over potential securities laws violations by 23andMe.

An investigation for investors in 23andMe Holding Co. (NASDAQ: ME) shares over potential securities laws violations by 23andMe.

An investigation was announced for investors of 23andMe Holding Co. (NASDAQ: ME) shares over potential securities laws violations by 23andMe Holding Co.

Investors who purchased shares of 23andMe Holding Co. (NASDAQ: ME), 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 focuses on possible claims on behalf of purchasers of the securities of 23andMe Holding Co. (NASDAQ: ME) concerning whether a series of statements by 23andMe Holding Co. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francisco, CA based 23andMe Holding Co. operates as a consumer genetics testing company. 23andMe Holding Co. reported that its Total Revenue rose from $271.89 million for the 12 months that ended on March 31, 2022, to $299.48 million for the 12 months that ended on March 31, 2023, and that Net Loss increased from $217.49 million for the 12 months that ended on March 31, 2022 to $311.65 for the 12 months that ended on March 31, 2023.

In October 2023 23andMe Holding Co. disclosed that hackers had obtained some users' data, but stopped short of calling the incident a data breach. It was later revealed that the breach reportedly affected 6.9 million individuals in total.

Share of 23andMe Holding Co. (NASDAQ: ME) declined from $3.13 per share in December 2022 to as low as $0.61 per share in October 2023.

Those who purchased shares of 23andMe Holding Co. (NASDAQ: ME) 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors who lost money with shares of 23andMe Holding Co. (NASDAQ: ME) here

News-ID: 3323518 • Views:

More Releases from Shareholders Foundation

Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE: JHX) should contact the Shareholders Foundation
Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE: …
An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements. Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders
Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT)
Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …
An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced. Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) 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
Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherapeutics (NASDAQ: MLTX)
Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …
An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements. Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:
Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025
Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025
A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc. Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -

All 5 Releases


More Releases for Holding

Commercial Holding Cabinets Research:the global commercial holding cabinets mark …
Commercial Holding Cabinets Market Summary Commercial Holding Cabinets are specialized pieces of equipment designed to maintain the temperature and quality of food items over extended periods. These cabinets are commonly used in the food service industry, including restaurants, hotels, schools, hospitals, and convenience stores. They ensure that food remains at a safe and consistent temperature, whether hot or cold, to prevent spoilage and maintain food safety standards. Commercial holding cabinets come
"Spending Time, Holding Space"
Solo exhibition by Christiana Perschon, Erste Bank Art Awardee 2024 Opening: 10.09.2024, 17 - 22h Exhibition Duration: 11.09. - 19.10.2024 DAS WEISSE HAUS | Hegelgasse 14, 1010 Vienna Christiana Perschon's films are portraits that do not pierce intimacies, tributes that do not sacralize, images that do not represent, frames that do not separate. Spending time means working, devoting oneself and caring. Holding space means embracing, occupying and maintaining. These actions characterize feminist
Holding Big Pharma Accountable
Whistleblower was fired by Shire Pharmaceuticals after reporting violations Dr. Vincent Politio, a former Shire Pharmaceuticals employee, filed a Whistleblower complaint after being terminated by Shire Pharmaceuticals. Dr. Polito was fired by Shire on August 24, 2016 immediately after he reported the violation of laws to the United States Attorney's Office in Washington, D.C. Dr. Polito claims he was asked to investigate and create a DEA-compliant Suspicious
Delivery And Takeaway Food Market KEYPLAYERS | Delivery Hero Holding GmbH, Foodp …
Changing in consumer’s demographic factors, eating habits along with busy schedule, advancement in information technology and availability of labor force have created demand and opportunity in food delivery industryin near future. Moreover, in today’s competitive business era, various companies are adopting differential marketing and sales strategies to enhance their customer base by directly delivering restaurant meals or creating a takeaway option for consumers. The delivery and takeaway food is undergoing
Delivery And Takeaway Food Market Trends and Forecast 2017-2027: Delivery Hero H …
Changing in consumer’s demographic factors, eating habits along with busy schedule, advancement in information technology and availability of labor force have created demand and opportunity in food delivery industryin near future. Moreover, in today’s competitive business era, various companies are adopting differential marketing and sales strategies to enhance their customer base by directly delivering restaurant meals or creating a takeaway option for consumers. The delivery and takeaway food is undergoing
Flooring & Carpets Market Analysis By Global Top Players Armstrong World Industr …
Worldwide Market Reports recently released “ Global Flooring & Carpets Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Flooring & Carpets Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers,