NEW YORK, NY / ACCESSWIRE / August 5, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Fulgent Genetics, Inc. ('Fulgent' or the 'Company') (NASDAQ:FLGT).
If you suffered losses exceeding $50,000 investing in Fulgent stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/FLGT.
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
On August 4, 2022, Fulgent released its second quarter 2022 financial results, disclosing that the SEC is conducting an investigation into certain Exchange Act reports for 2018 through the first quarter of 2020. This comes after the Company received a civil investigative demand issued by the U.S. Department of Justice 'related to its investigation of allegations of medically unnecessary laboratory testing, improper billing for laboratory testing, and remuneration received or provided in violation of the Anti-Kickback Statute and the Stark Law.'
On this news, Fulgent's stock fell as much as 8% during intraday trading on August 5, 2022, thereby injuring investors.
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SOURCE: Faruqi & Faruqi, LLP
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