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Press release content from NewMediaWire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from NewMediaWire
Press release content from NewMediaWire. The AP news staff was not involved in its creation.

BERKELEY LIGHTS UPDATE

September 26, 2021 GMT

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Berkeley Lights To Contact Him Directly To Discuss Their Options

NEW YORK, NY - ( NewMediaWire ) - September 26, 2021 - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Berkeley Lights Inc. (“Berkeley Lights” or the “Company”) (NASDAQ: BLI).

If you suffered losses exceeding $50,000 investing in Berkeley Lights stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: http://www.faruqilaw.com/BLI.

There is no cost or obligation to you. 

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.

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On September 15, 2021, Scorpion Capital published a research report, alleging, among other things, that Berkeley Lights’ customers “allege they were ‘tricked,’ misled, or over-promised into buying a $2 million” and that the Company’s “product claims and practices may constitute outright fraud.” Citing interviews with former employees and executives, the report stated that Berkeley Lights is “a chaotic, wayward company that never found a viable product, value proposition, or market – and corroborate the scathing feedback from customers.”


On this news, the Company’s share price fell as much as $6.14, or 18.74%, during intraday trading on September 15, 2021, thereby injuring investors.


Attorney Advertising.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.