QuidelOrtho Corporation f/k/a Quidel Corporation

QDEL

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
June 11, 2024

Days Left:
-181

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QuidelOrtho Corporation f/k/a Quidel Corporation Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (a) that QuidelOrtho sold more COVID-19 tests to its distributors and pharmacy chain customers than they could resell to healthcare providers and end customers; (b) that excess inventories of COVID-19 tests existed throughout the supply chain; (c) that, as a result of (a)-(b) above, QuidelOrtho’s distributors and pharmacy chain customers were poised to significantly reduce their COVID-19 test orders; (d) that undisclosed problems created a heightened risk that the new test called the savanna respiratory viral panel-4 test would experience a delayed commercial launch in the united states; (e) that, as a result of (a)-(d) above, defendants lacked a reasonable basis for their positive statements about QuidelOrtho’s business, financials, and growth trajectory.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of QuidelOrtho purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in QuidelOrtho during the relevant time frame, you have until June 11, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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