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Bionano Genomics Inc. Investors: Company Investigated by the Portnoy Law Firm

Key Takeaway: Bionano Genomics, Inc. is currently under investigation by the Portnoy Law Firm for potentially issuing false and misleading statements to investors. This follows a significant drop of over 20% in the company's stock after the announcement of a Series A Preferred share sold to Chairman David Barker, who gained substantial voting power. Investors are being encouraged to contact the law firm for legal advice regarding their rights and options for recovering losses. The law firm offers a complimentary case evaluation for aggrieved investors considering claims against the company.

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CONCERNS & RISKS

  • Bionano's stock fell over 20% during intraday trading following the news.
  • An investigation has been initiated regarding potential false and misleading statements to investors.
  • The company's recent actions are causing concern among investors and may lead to legal ramifications.

Full Press Release Details

Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, April 17, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Bionano Genomics, Inc. (“Bionano”) (NASDAQ: BNGO) investors that the firm has initiated an investigation into whether Bionano issued false and misleading statements to investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via https://portnoylaw.com/bionano/. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On or around April 17, 2023, Bionano issued and sold a Series A Preferred share with the equivalent of 3 million share voting power (the, “supervoting share”). The supervoting share was sold to Bionano Chairman of the Board David Barker. On this news the Company’s stock fell over 20% during intraday trading.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
Attorney Advertising

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Frequently Asked Questions

How can Bionano investors contact the law firm?

Investors can reach out to attorney Lesley F. Portnoy at 310-692-8883 or email lesley@portnoylaw.com.

What is the investigation about Bionano Genomics?

The Portnoy Law Firm is investigating if Bionano made false statements to investors.

What happened to Bionano's stock on April 17, 2023?

Bionano's stock declined over 20% following the announcement of a new supervoting share.

Can I get a case evaluation from the law firm?

Yes, the Portnoy Law Firm offers a complimentary case evaluation for investors.

What has the firm achieved for investors in the past?

The firm has recovered over $5.5 billion for investors affected by corporate wrongdoing.

Last updated: Apr 17, 2023