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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fulgent Genetics, Inc. - FLGT

1. Pomerantz LLP is investigating claims against Fulgent Genetics for possible securities fraud. 2. Fulgent received a civil investigative demand from the U.S. DOJ regarding false claims. 3. Following the announcement, FLGT's stock fell 2.61% to $15.28 per share. 4. Investors may contact Pomerantz LLP to join the investigation. 5. The firm specializes in corporate and securities class litigation.

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FAQ

Why Bearish?

The stock's decline following the news indicates negative investor sentiment. Past incidents of similar investigations have often resulted in prolonged price declines.

How important is it?

The investigation into securities fraud is directly relevant and could lead to significant financial and reputational consequences for FLGT.

Why Short Term?

The immediate reaction to the investigations typically impacts stock performance in the short run. This may lead to volatility in FLGT's shares as more information emerges.

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NEW YORK, June 1, 2025

Pomerantz LLP is investigating claims on behalf of investors of Fulgent Genetics, Inc. ("Fulgent" or the "Company") (NASDAQ: FLGT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Fulgent and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

Click here for information about joining the class action

On February 28, 2025, Fulgent disclosed in its annual report, filed with the U.S. Securities and Exchange Commission, that it had received a civil investigative demand from the U.S. Department of Justice regarding potential false claims submitted under the Uninsured Program.

On this news, Fulgent's stock price fell $0.41 per share, or 2.61%, over the following two trading sessions, to close at $15.28 per share on March 3, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

SOURCE Pomerantz LLP

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