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CAREDX INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of CareDx, Inc. - CDNA

1. CareDx under investigation by Kahn Swick & Foti law firm. 2. Federal investigations into CareDx may affect its market position.

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FAQ

Why Bearish?

Legal investigations can lead to uncertainty and potential penalties, historically impacting stock prices negatively.

How important is it?

Ongoing legal issues can lead to significant share price movements based on past instances of legal challenges in biotech firms.

Why Short Term?

Immediate legal concerns suggest potential volatility in the upcoming quarters, affecting investor confidence.

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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into CareDx, Inc. (NasdaqGM: CDNA). CareDx provides medical services and tests for transplant recipients with notable products AlloSure, AlloMap, and RemoTraC. On October 28, 2021, the Company disclosed that it was the subject of two federal investigations by the U.S. Department.

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