BLI Alert: Berman Tabacco Announces Investigation of Berkeley Lights, Inc. for Potential Securities Law Violations
Boston, Massachusetts--(Newsfile Corp. - September 16, 2021) - Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations against Berkeley Lights, Inc. (NASDAQ: BLI) ("Berkeley Lights" or the "Company"), a "digital cell biology company" with headquarters in Emeryville, California.
In July 2020, Berkeley Lights closed its initial public offering ("IPO"), in which the Company sold 9,315,000 shares of common stock (which included 1,215,000 shares that were sold pursuant to the full exercise of the IPO underwriters' option to purchase additional shares) at a price to the public of $22.00 per share.
On November 19, 2020, the Company filed a prospectus offering 3 million shares of the Company's common stock by certain selling shareholder identified in the prospectus for $86.00 per share.
On September 15, 2021, Bloomberg reported that "Berkeley Light[s] drops as much as 14% to a record low after Scorpion Capital said in a report it's short the stock."
On September 16, 2021, Bloomberg reported that Berkeley Lights' stock fell below its IPO price for the first time since it began trading.
If you purchased Berkeley Lights securities in the IPO or on the open market and sustained losses, and would like more information regarding this investigation, or if you wish simply to provide information concerning the investigation, please visit: https://www.bermantabacco.com/case/berkeley-lights-inc/.
About Berman Tabacco
Berman Tabacco is a national law firm representing institutions and individuals in lawsuits, seeking to recoup losses caused by corporate and board misconduct and violations of the securities and antitrust laws. The firm has offices in Boston, Massachusetts and San Francisco, California.
This notice may constitute attorney advertising.
Jay Eng, Esq.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96789