| COMPANY |
Natera, Inc. |
| COURT |
United States District Court for the Western District of Texas |
| CASE NUMBER |
22-cv-00398 |
| JUDGE |
The Honorable David A. Ezra |
| CLASS PERIOD |
February 26, 2020 and April 19, 2022 |
| SECURITY TYPE |
Common Stock |
Case Background:
A securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Natera, Inc. (“Natera”) (NASDAQ: NTRA) common stock between February 26, 2020 and April 19, 2022, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, the Defendants misrepresented and/or failed to disclose that: (1) Panorama was not reliable and resulted in high rates of false positives; (2) Prospera did not have superior precision compared to competing tests; (3) as a result of Defendants’ false and misleading claims about Natera’s technology, the company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects lacked a reasonable basis.
Current Status of Case:
On September 11, 2023, the Court entered an order partially granting and partially denying Defendants’ Motion to Dismiss. On December 12, 2023, Defendants filed an Answer to the Complaint. This case is in the discovery phase and is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.