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Bragar Eagel & Squire, P.C. Reminds Investors 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) alleging the company made false and misleading statements about Fabric Genomics and margin durability. On May 4, 2026, GeneDx revealed 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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