HIGH LEVEL FIRM ROSEN Encourages CareDx, Inc. Investors With Losses Greater Than $100,000 to Find Counsel Ahead of Important July 22 Deadline in Securities Class Action – CDNA
Tuesday, July 5, 2022 9:40 AM MYT
New York, New York – Newsfile Corp. – July 4, 2022 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of CareDx, Inc. (NASDAQ: CDNA) securities between February 24, 2021 and May 5, 2022, both dates inclusive (the “ Class Period”), of the important Deadline of July 22, 2022 for the main applicant.
SO WHAT: If you purchased CareDx Securities during the Class Period, you may be entitled to compensation without payment of fees or out-of-pocket costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the CareDx class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=2700 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court no later than July 22, 2022. A lead plaintiff is a representative party acting on behalf of the other class members to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the class action period made false and/or misleading statements and/or failed to disclose that: (1) the defendants engaged in a variety of improper and illegal schemes to inflate revenue and demand for testing services, including pushing surveillance protocol through inaccurate marketing materials, offering outrageous inducements or bribes to physicians and other providers, and inappropriately bundling expensive testing services along with other blood tests under the RemoTraC service; (2) these practices, and others, have subjected CareDx to undisclosed risk of regulatory scrutiny; (3) these practices artificially inflated the Company’s reported testing services revenues throughout the Class Period; and (4) therefore, defendants’ positive statements about the Company’s business, operations and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times. When the real details entered the market, the lawsuit claims investors suffered damages.
To join the CareDx class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=2700 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future upturn does not depend on their status as lead plaintiff.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
The issuer is solely responsible for the content of this announcement.