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WGS INVESTOR DEADLINE: RGRD Law Announces that GeneDx Holdings Corp. Investors with Substantial Losses Have Opportunity to Lead GeneDx Class Action Lawsuit
GlobeNewswire Inc.·
GeneDx Holdings Corp. (NASDAQ: WGS) faces a class action lawsuit alleging that executives made false statements about the viability of its Fabric Genomics acquisition. The company revealed significant problems on May 4, 2026, including a drop in adjusted gross margin from 74% to 69%, reduced earnings projections, and a $31.3 million impairment loss, causing the stock to plummet over 49%. Investors with substantial losses have until August 3, 2026 to seek appointment as lead plaintiff.
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