NEW YORK, Oct 21, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Sema4 Holdings, Corp. (NASDAQ: SMFR).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/sema4-holdings-corp-loss-submission-form/?id=32783&from=4
The lawsuit seeks to recover losses for shareholders who purchased Sema4 Holdings Corp. between March 14, 2022 and August 15, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until November 7, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Sema4 Holdings, Corp. issued materially false and/or misleading statements and/or failed to disclose that: (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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law
