NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP reminds investors that class action lawsuits have been filed on behalf of investors in Argo Group International Holdings, Ltd., Fulgent Genetics, Inc. and Olo Inc. securities. Investors have until the deadlines below to file a motion with the court to be appointed lead plaintiff in the court proceedings. For more information on each case, see the links below.
Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO)
Class period: February 13, 2018 to August 9, 2022
Pending court: US District Court for the Southern District of New York
Deadline for lead plaintiff: December 19, 2022
The Complaint alleges that throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) Argo’s reserves were grossly inadequate and its underwriting standards were not prudent as claimed; (2) Argo had already dramatically changed its underwriting policies for certain US construction contracts in 2018; and (3) these policies were written outside of Argo’s “core” business, including in certain states and for certain exposures that were far more risky than investors realized and which Argo would no longer service in the future.
For more information on the Argo lawsuit, see This website.
Fulgent Genetics, Inc. (“Fulgent”) (NASDAQ: FLGT)
Class period: March 22, 2019 to August 4, 2022
Pending court: United States District Court for the Central District of California
Deadline for lead plaintiff: November 21, 2022
The Complaint alleges that during the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) Fulgent performed medically unnecessary laboratory tests, engaged in improper billing practices related to laboratory tests and delivery or receipt remuneration in violation of the Anti-Kickback Statute and Stark Act; (2)…
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