The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of investors who purchased Sema4 Holdings, Corp. (NASDAQ: SMRF) securities between March 14, 2022 and August 15, 2022.
(1) 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; (2) the Company was experiencing declining selling prices for its reproductive health segment; (3) as a result of the foregoing, Sema4’s financial results would be adversely affected; and (4) 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.
If you suffered a loss in Sema4 Holdings Corp. you have until November 7, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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