CareDx Says DOJ Has Concluded Its Investigation With No Finding Of Wrongdoing And Declined To Take Any Further Action; Plans To Defend Itself Should The Former Employee Choose To Proceed With Litigation
Portfolio Pulse from Benzinga Newsdesk
CareDx announced that the DOJ has concluded its investigation with no findings of wrongdoing and will not take further action. This follows the SEC's decision to close its investigation without action. CareDx plans to defend itself if a former employee proceeds with litigation.
October 08, 2024 | 10:07 am
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POSITIVE IMPACT
CareDx has been cleared by both the DOJ and SEC, with no findings of wrongdoing. The company is prepared to defend itself against potential litigation from a former employee.
The conclusion of investigations by both the DOJ and SEC without any findings of wrongdoing is a positive development for CareDx, likely boosting investor confidence. The company's proactive stance in defending against potential litigation further supports its position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100