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WGS Investors Have Opportunity to Lead GeneDx Holdings Corp. Securities Fraud Lawsuit
The complaint says GeneDx misled investors about Fabric Genomics, margin pressure and reimbursement rates, and seeks damages for securities losses.
On Monday, July 13, 2026, Bronstein, Gewirtz & Grossman, LLC announced a class action lawsuit against GeneDx Holdings Corp. alleging material misrepresentations regarding Fabric Genomics during the Class Period.
The complaint alleges that GeneDx failed to disclose significant problems with Fabric Genomics' viability, which negatively impacted the company's gross margins and average reimbursement rates.
GeneDx repeatedly claimed the Fabric acquisition would improve financials and create efficiencies, though the lawsuit alleges defendants knew of or recklessly disregarded significant problems in Fabric's viability.
Investors who suffered losses between April 16, 2025, and May 4, 2026, have until August 3, 2026, to request that the Court appoint them as lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents GeneDx investors on a contingency fee basis, meaning the firm will ask the Court to reimburse expenses and attorney fees only if the litigation is successful.