Kuehn Law investigates QuidelOrtho Corporation over potential fiduciary duty breaches

benzinga.com October 31, 2024, 07:01 PM UTC

Kuehn Law is investigating QuidelOrtho Corporation for potential breaches of fiduciary duty by its officers and directors. A federal lawsuit claims the company misled investors about its COVID-19 test sales and inventory levels. The lawsuit alleges that QuidelOrtho sold more tests than could be resold, leading to excess inventory. It also suggests undisclosed issues may delay the launch of a new respiratory test. Shareholders who bought stock before February 18, 2022, are encouraged to contact Kuehn Law for a free consultation regarding their rights.


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