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Deadline on January 9th coming up in Lawsuit for Investors in shares of Illumina, Inc. (NASDAQ: ILMN)

01-10-2024 07:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on January 09, 2024 in the lawsuit for certain investors in Illumina, Inc. (NASDAQ: ILMN).

A Deadline is coming up on January 09, 2024 in the lawsuit for certain investors in Illumina, Inc. (NASDAQ: ILMN).

A deadline is coming up on January 09, 2024 in the lawsuit filed for certain investors of Illumina, Inc. (NASDAQ: ILMN) over alleged securities laws violations by Illumina, Inc.

Investors who purchased shares of Illumina, Inc. (NASDAQ: ILMN) have certain options and there are strict and short deadlines running. Deadline: January 09, 2024. Illumina, Inc. (NASDAQ: ILMN) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of California the plaintiff alleges on behalf of purchasers of Illumina, Inc. (NASDAQ: ILMN) common shares between May 1, 2023 and October 16, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 1, 2023 and October 16, 2023, the Defendants failed to disclose to investors that certain of the Company's insiders had personal financial motives for acquiring GRAIL, that, contrary to Illumina's attempts to discount Icahn's criticism, Icahn had accurately concluded that insiders' interests did not align with the Company's best interests, and that, 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.

Those who purchased shares of Illumina, Inc. (NASDAQ: ILMN) 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.

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