LOS ANGELES–(BUSINESS WIRE)–$NTRA #NTRA—The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Natera, Inc. (“Natera” or “the Company”) (NASDAQ: NTRA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. A New York Times article published on January 1, 2022, questions the accuracy of noninvasive prenatal tests including those offered by Natera. According to the article, the Company’s tests are incorrect up to 85% of the time. False positives result in follow-up testing which «can cost thousands of dollars, come with a small risk of miscarriage and can’t be performed until later in pregnancy.» On March 9, 2022, Hindenburg Research published a report on Natera claiming that: «Natera’s revenue growth has been fueled by deceptive sales and billing practices aimed at doctors, insurance companies and expectant mothers.» Based on this news, shares of Natera fell by 30% in intraday trading.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
