September 02, 2014
Celera Corp. and PricewaterhouseCoopers LLP agreed on Friday to pay nearly $25 million to settle a shareholder class action in California federal court claiming Celera made overly optimistic revenue forecasts and covered up billing problems.
February 26, 2014
A California federal judge on Tuesday certified the class in a shareholder suit accusing medical diagnostics company Celera Corp. of covering up billing problems and making overly optimistic revenue forecasts, ruling that the class met predominance and superiority requirements needed for certification.
September 05, 2012
A California federal judge on Tuesday denied Celera Corp.'s bid to dismiss a putative shareholder class action over the medical diagnostics company's alleged financial misstatements, ruling the plaintiffs had provided enough evidence to allow their loss causation and intentional misstatement claims to go ahead.