KSPI Investor Alert: Joint Stock Announcement by Bronstein, Gewirtz & Grossman LLC

Investors have been alerted to a class action lawsuit by national law firm Bronstein, Gewirtz & Grossman, LLC. This lawsuit is aimed at investors of Progenity, Inc. (NASDAQ: PROG) who acquired shares between June 19, 2020, and September 19, 2020.

The lawsuit alleges that Progenity made misleading statements to its investors during the specified time period. Specifically, it is claimed that the company failed to disclose important information regarding its molecular testing business, which had a significant impact on its financial outlook.

As a result of these alleged omissions, Progenity’s stock price was artificially inflated, causing harm to investors when the truth eventually came to light. Following the revelation of this information, Progenity’s stock price reportedly dropped significantly.

Investors who suffered losses as a result of this alleged misconduct are encouraged to contact Bronstein, Gewirtz & Grossman, LLC. They can also participate in the class action lawsuit against Progenity to potentially recover their losses.

It is important for investors to stay informed about any legal actions that may impact their investments. By seeking assistance from reputable law firms like Bronstein, Gewirtz & Grossman, LLC, investors can protect their rights and seek potential compensation for any damages incurred due to misleading or fraudulent practices in the market.