ATLANTA, GA -- (Marketwire) -- 05/27/09 -- Holzer Holzer & Fistel, LLC announces it has
filed a class action lawsuit in the United States District Court for the
Southern District of California on behalf all persons or entities who
purchased shares of Sequenom, Inc. ("Sequenom" or the "Company") (NASDAQ: SQNM) between June 4, 2008 and April 29, 2009 (the "Class Period").
The lawsuit alleges, among other things, that Sequenom violated the
Securities Exchange Act of 1934 by issuing materially false and misleading
statements regarding the Company's Down syndrome test under development.
Specifically, the complaint alleges that certain officers and directors of
the Company failed to properly disclose that Sequenom employees mishandled
test data and results regarding the Down syndrome test.
If you purchased shares of Sequenom common stock during the Class Period,
you have the legal right to petition the Court to be appointed a "lead
plaintiff." A lead plaintiff is a representative party that acts on behalf
of other class members in directing the litigation. Any such request must
satisfy certain criteria and be made no later than June 30, 2009. Any
member of the purported class may move the Court to serve as lead plaintiff
through counsel of their choice, or may choose to do nothing and remain an
absent class member. If you are a Sequenom investor and would like to
discuss a potential lead plaintiff appointment, or your rights and
interests with respect to the lawsuit, you may contact Michael I. Fistel,
Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or
mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates
its practice to vigorous representation of shareholders and investors in
litigation nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through its
website, www.holzerlaw.com and upon request from the firm.