Navigation Links
Shareholder Class Action Filed Against Sequenom, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP
Date:5/8/2009

t its financial well-being and future business prospects were lacking in any reasonable basis when made.

On April 29, 2009, the Company astounded its investors and the market when it announced that the launch of SEQureDx would be delayed due to the discovery by Company officials of employee mishandling of research and development ("R&D") test data and results. As a result, the Company announced that its statements made between June 4, 2008 and February 3, 2009 regarding SEQureDx should no longer be relied upon. Following this announcement, it became apparent that the Company would be unable to launch SEQureDx in 2009, as originally planned. Further, the Company indicated that it would wait for results from independent clinical trials before launching the test, rather than relying on its own research. Upon the release of this news, shares of the Company's stock fell an astounding $11.29 per share, or 75.72 percent, to close on April 30, 2009 at $3.62 per share, on unusually heavy trading volume.

Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Barroway Topaz Kessler Meltzer & Check which prosecutes class actions in both state and federal courts throughout the country. Barroway Topaz Kessler Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.

For more information about Barroway Topaz Kessler Meltzer & Check, or for additional information about participating in this action, please visit www.btkmc.com.

If you are a member of the class described above, you may, not later than June 30, 2009, move the Court to serve as lead plaintiff of the class, if you so choose. A lead plaintiff is a representative party that acts on behalf
'/>"/>

SOURCE Barroway Topaz Kessler Meltzer & Check, LLP
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Quest Diagnostics Announces Annual Shareholders Meeting Webcast
2. Cell Therapeutics Reports 76% Decrease in First Quarter 2009 Net Loss Attributable to Common Shareholders; Completion of Pixantrone NDA Submission on Track for Second Quarter 2009
3. Abbey Spanier Rodd & Abrams, LLP, Announces Class Action Lawsuit on Behalf of Sequenom, Incorporated Shareholders
4. Shareholders Challenge Danaher/Kerr to Phase Out Mercury Tooth Fillings
5. Amylin Sends Letter to Shareholders
6. Baxter International Shareholders Meeting
7. Anchor Capital Calls on BioScrip Board to Pursue Cost Reductions While Exploring Strategic Sale to Unlock Shareholder Value
8. Tennenbaum Encourages Shareholders to Vote the Blue Proxy for Tennenbaum Director Nominees at Online Resources Annual Meeting as Recommended by Riskmetrics/ISS and Proxy Governance
9. 2009 Annual Meeting of Shareholders
10. Johnson & Johnson to Webcast Annual Meeting of Shareholders
11. Tianyin Pharmaceutical Co., Inc. Series A Preferred Shareholders Approved Cash Dividend to Common Stockholders

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/7/2009)..., WASHINGTON, Nov. 7 Wi...ng, antichoice extremists are holding the entire b...They are demanding that the bill go far beyond the... incorporated into the original bill. In an outra...early Saturday afternoon, antichoice Democrats are...
(Date:11/7/2009)..., WASHINGTON, Nov. 7 Sp...ress availability this afternoon following a Democ...non Caucus Room. Below are the Speaker,s opening ...es, it was a great occasion for us to receive the ... will be making history with our vote and making p...
(Date:11/7/2009)...s should not assume that all youth will rebel, exp...ews) -- Teens are more likely to behave badly if t...found. , "Parents who believe they are simply bein...lfilling prophecy," Christy Buchanan, a psychology... of the study, said in a university news release. ...
(Date:11/7/2009)... In the current economic clima...s closely and are only spending money on what that... weight loss surgeon David D. Kim believes that i...men and women to receive treatment to improve thei...gery affordable to patients in this tough economy ...
(Date:11/6/2009)...AQ: CRME TSX: COM , VANCOUVER, Nov. 6 /PRNewsw...RME / TSX: COM) today announced that it will repo...eptember 30, 2009 on the morning of Monday, Novemb...ll and webcast at 9:00am Eastern (6:00am Pacific) ...he conference call, please dial 416-695-7806 or 88...
Breaking Medicine News(10 mins):Health News:Pelosi Remarks Following House Democrats' Meeting with President Obama 2Health News:Bad-Behaving Teens May Be Living Up to Expectations 2Health News:Dallas Bariatric Surgeon Offers Multiple Options for Patients Considering Weight Loss Surgery in a Rough Economy 2Health News:Dallas Bariatric Surgeon Offers Multiple Options for Patients Considering Weight Loss Surgery in a Rough Economy 3Health News:Cardiome to Release Third Quarter Results 2Health News:Cardiome to Release Third Quarter Results 3
...ther Analysis of Evaluator Assessment Scale and Ph...nnounced Phase III Study as a ... Pivotal Phase III Clinical Program in Wrinkles -,...III program investigating the Isolagen,Therapy(TM)...
...27 Going through airport security,can be such a h...lts all,get taken off, taken out, scanned, examine...y safe form of electromagnetic radiation, may resh...ory, along with collaborators in Turkey and Japan,...
... Nov. 27 U.S. Career Institute, a,nationally accr...lout of,the first ever DETC accredited Medical Ass...nt course is their 18th course to date, 6th in the... Rohr,president of U.S. Career Institute. "Our mis...
... 27 A new, free white paper advises,medical devic...ing the,right electronics manufacturing services (...,s available free to download at, http://www.feder...th the equally,essential need to get new products ...
...nology beat CT in spotting tumors early , TUESDAY,...g may improve the diagnosis and treatment of lung ...ral recent studies. , Tumor imaging is frequently ...n biochemical processes that may alert doctors to ...
...[Brown University] Heavy smoking and drinking are...th human papillomavirus type 16 (HPV16), a common ...nother known risk factor for head and neck cancer,...increase the risk of contracting head and neck can...
Other Medicine News:Health News:Isolagen Modifies Ongoing Clinical Program for Acne Scars 2Health News:Isolagen Modifies Ongoing Clinical Program for Acne Scars 3Health News:New T-ray Source Could Improve Airport Security, Cancer Detection 2Health News:New T-ray Source Could Improve Airport Security, Cancer Detection 3Health News:New T-ray Source Could Improve Airport Security, Cancer Detection 4Health News:U.S. Career Institute Launches 1st Ever DETC Accredited Medical Assistant Course 2Health News:White Paper Details How to Choose the Right EMS Provider for Medical Products Outsourcing 2Health News:PET Scans Could Boost Lung Cancer Diagnosis 2Health News:Drinking and smoking don't boost HPV-related cancer risk 2
(Date:11/6/2009)...ll/ -- Keryx Biopharmaceuticals, Inc. (Nasdaq: KE...ber 10, 2009 at 8:30 a.m. EST to discuss the third...ok for the remainder of 2009. Ron Bentsur, Chief ...ll. Keryx will announce its financial results for... to the call. ,, In order to participate in the...
(Date:11/6/2009)...l/ -- Caraco Pharmaceutical Laboratories, Ltd. (NY...e ophthalmic solution, 0.5% following a final appr...) for Sun Pharma,s Abbreviated New Drug Applicatio...on on the first day following patent expiration. T...alent to Acular® Ophthalmic Solution, 0.5%, f...
(Date:11/5/2009)...wswire-FirstCall/ -- Transcept Pharmaceuticals, In...mpany focused on the development and commercializa...t therapeutic needs in the field of neuroscience, ...ference with management to discuss third quarter 2...09, at 5:00 p.m. Eastern Standard Time. Financial...
Breaking Medicine Technology:Keryx Biopharmaceuticals, Inc. to Hold Conference Call on Third Quarter 2009 Financial Results on Tuesday, November 10, 2009 at 8:30 a.m. EST 2Caraco Pharmaceutical Laboratories, Ltd. Markets Generic Acular(R) Opthalmic Solution 2Transcept Pharmaceuticals to Report Third Quarter 2009 Results and Host Conference Call on November 12 2Keryx Biopharmaceuticals Phase 2 Data of KRX 0401 28Perifosine 29 in the Treatment of Advanced Metastatic Renal Cell Cancer Selected for Oral Present 4998 1Keryx Biopharmaceuticals Phase 2 Data of KRX 0401 28Perifosine 29 in the Treatment of Advanced Metastatic Renal Cell Cancer Selected for Oral Present 4998 2Keryx Biopharmaceuticals Phase 2 Data of KRX 0401 28Perifosine 29 in the Treatment of Advanced Metastatic Renal Cell Cancer Selected for Oral Present 4998 3Communication problems in dementia care cause physical strain 57029 1Communication problems in dementia care cause physical strain 57029 2Evolution still scientifically stable 9912 1Evolution still scientifically stable 9912 2
...he University of,Maryland,s Maryland Industrial Pa...oval of 18 new collaborative research projects bet...Worth $4.4 million, the new projects combine $3 mi...n from the Maryland Industrial,Partnerships Progra...rch that furthers the,development of high-tech pro...
...b. 21 Flawed policies and,bad decisions at the FD...,clinical trials which now take an average of one ... This has delayed and even prevented the,availabil... in increased,death and suffering for patients and...in the United States., It,s time to reform the FD...
Other Medicine Technology:UM Maryland Industrial Partnerships Program Approves 18 Collaborative Research Projects, Worth $4.4 Million, Between University Faculty, State Technology Companies 2UM Maryland Industrial Partnerships Program Approves 18 Collaborative Research Projects, Worth $4.4 Million, Between University Faculty, State Technology Companies 3Cancer Cure Coalition Proposes Major Changes at the FDA 2Cancer Cure Coalition Proposes Major Changes at the FDA 3
Hatsis Tying Forceps
Castroviejo Straight Tying Forceps
Microsurgical straight forceps
Curved tying forceps
Medicine Products: