Glancy Prongay & Murray LLP Commences Investigation on Behalf of Foundation Medicine, Inc. Investors (FMI)
FOUNDATION MEDICINE (FMI)
Last foundation medicine earnings: 5/2 04:01 pm
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US:NASDAQ Investor Relations:
investors.foundationmedicine.com
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Foundation Medicine, Inc. (“Foundation” or the “Company”) (NASDAQ: FMI) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Foundation page on our website at www.glancylaw.com/case/foundation-medicine-inc. On July 29, 2015, the Company disclosed that “clinical volume growth was affected by slower than anticipated progress towards obtaining a local coverage determination from our regional Medicare Administrative Contractor (MAC) and by some competitive noise in the market” and that, as such, the Company was “adjusting” its guidance for clinical volume and annual revenues. Then, on November 3, 2015, the Company disclosed a further revision to the already reduced number of cli
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