Recent Security Class Actions

Illumina Inc. Common Stock (NASDAQ: ILMN)

Company Name:Illumina Inc. Common Stock
Stock Symbol:NASDAQ: ILMN
Class Period Start:09/21/2020
Class Period End (inclusive):11/09/2023
Filing Deadline:01/09/2024

This Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that certain of the Company’s insiders had personal financial motives for acquiring GRAIL; (2) that the Company's insiders’ interests did not align with the Company’s best interests; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.