INVESTOR ALERT: Investigation of Illumina Inc. Announced by Law Offices of Howard G. Smith
October 20 2016 - 4:12PM
Business Wire
Law Offices of Howard G. Smith announces an investigation
on behalf of investors of Illumina Inc. (“Illumina”) or the
“Company”) (NASDAQ: ILMN) concerning the Company and its officers’
possible violations of federal securities laws.
On October 10, 2016 Illumina issued a press release announcing
disappointing financial results for the third quarter of fiscal
year 2016. Illumina had previously forecasted revenues of $625 to
$630 million for the quarter, but citing “declining demand for its
high-speed genetic sequences,” the Company only generated $607
million.
On this news, shares of Illumina were down as much as 25% during
intraday trading on October 11, 2016.
If you purchased Illumina securities, have information or would
like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email
to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161020006556/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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