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SMFR.US
id: 263, Created by Stan Vick Chase, Scout
Sema4 Holdings Corp
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
How it works?
- We find Attorney for the Case
- Attorney files case on behalf of Investors
- You get updates and receive payout in case of success
Would it cost me anything?
- No, you do not pay anything out of your pocket neither to us, nor to Attorney
- Attorneys get % fee in case of success
- Platform charges service fee from Attorneys
What are the chances for success?
Every Case is unique, but statistically, 47% of Cases end up with a settlement.
Please see below recent successful cases:
On August 15, 2022, Sema4 disclosed that it had “reversed $30.1 million of revenue this quarter related to prior periods,” in connection with negotiations with “one of larger commercial payors regarding the potential recoupment of payments for Sema4 carrier screening services rendered from 2018 to early 2022.”
Furthermore, The Company also announced that it was eliminating 13% of its workforce as part of a series of restructuring and corporate realignments.
Finally, Sema4 announced changes to its leadership team, including that Schadt was stepping down from his roles as President and Chief R&D Officer.
On this news, Company’s stock plunged 33.3% on August 16, 2022, seriously damaging investors.
Taking all the disclosed facts and subsequent actions into account there is reason to suspect Sema4's leaders of misconduct, in particular in terms of information disclosure to investors.
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Negligence,
Omissions
Suspected Party
Directors,
Management,
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
15 August 2022
Court
District of Connecticut