Investors File Class Action Suits Against PacBio after Losing Money in IPO | GenomeWeb

By Julia Karow

Two investors in Pacific Biosciences
who lost money in the firm's initial public offering have separately filed securities class action lawsuits against several PacBio executives, directors, and underwriters of the IPO, claiming that they misled investors prior to the IPO by not disclosing certain information about the PacBio RS instrument.

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