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Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against GeneDx Holdings Corp. and Encourages Investors to Contact the Firm
GlobeNewswire Inc.·
A class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) for allegedly making false and misleading statements about its business operations. The lawsuit covers investors who purchased WGS stock between April 16, 2025 and May 4, 2026. On May 4, 2026, GeneDx revealed disappointing Q1 2026 results including a $57.5 million operating loss, lowered 2026 revenue guidance by $65 million, and took a $31.3 million write-down on Fabric Genomics. The stock price declined approximately 50% following the announcement.
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