NEW YORK, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Illumina, Inc. ("Illumina" or the "Company") (NASDAQ:ILMN) in the United States District Court for the Southern District of California on behalf of all persons and entities who purchased or otherwise acquired Illumina securities between September 21, 2020 and November 9, 2023, both dates inclusive (the "Class Period"). Investors have until January 9, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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On August 10, 2023, after the market closed, Illumina revealed that the SEC was investigating the Company's statements regarding its recent acquisition of GRAIL, Inc. ("GRAIL"), including "conduct and compensation of certain members of Illumina and GRAIL management."
On this news, the Company's stock price fell $4.64, or 2.5%, to close ...