RADNOR, Pa.--(BUSINESS WIRE)--Kaskela Law LLC has commenced an investigation of Illumina, Inc. (“Illumina” or the “Company”) (Nasdaq: ILMN) on behalf of the Company’s stockholders.
Illumina stockholders who purchased their shares before July 25, 2016 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258–1585 or (888) 715–1740 to discuss this investigation and their legal rights and options. Stockholders may also visit www.kaskelalaw.com/illumina for additional information about this investigation.
In 2017, an amended shareholder class action complaint was filed against the Company in federal court on behalf of certain purchasers of Illumina’s common stock. Among other things, the shareholder complaint alleges that Illumina concealed material information from investors, including demand for the Company’s products, and made misstatements to investors concerning Illumina’s financial performance and revenue forecasts.
Kaskela Law LLC is investigating whether the Company’s executive officers and/or directors breached their fiduciary duties to Illumina and its stockholders in connection with the above alleged misconduct.
Kaskela Law prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors. For additional information about Kaskela Law please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.