Two More PacBio Shareholders File Suits against Company Officials | GenomeWeb

By Julia Karow

Two additional shareholders of Pacific Biosciences have filed lawsuits against company officials, alleging that they breached their fiduciary duties by withholding material information about the PacBio RS system prior to the firm's initial public offering in 2010.

The new suits follow two class action lawsuits filed by investors last October (IS 12/6/2011).

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