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NASDAQ: WGS: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Fraud Class Action Lawsuit Against GeneDx Holdings Corp. (WGS)
GlobeNewswire Inc.·
A securities fraud class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) for allegedly making material misstatements about the viability of its $51 million acquisition of Fabric Genomics. On May 4, 2026, GeneDx disclosed a $31.3 million impairment loss on Fabric and missed earnings projections, causing the stock to plunge 49%. Investors who purchased WGS stock between April 16, 2025, and May 4, 2026, can seek lead plaintiff status by August 3, 2026.
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