Kessman v. Myriad Genetics et al

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Case overview

Case Number:

2:18-cv-00336

Court:

Utah

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Dale A. Kimball

Firms

Companies

Sectors & Industries:

  1. March 25, 2019

    Myriad Genetics Ditches Medicare Overbilling Stock-Drop Suit

    Myriad Genetics Inc. and its directors on Monday shook a proposed securities class action alleging a fraudulent billing of Medicare after a Utah federal judge ruled the suing investor failed to plead that the company's billing was illegal or even an outlier in the industry.

  2. October 31, 2018

    Myriad Genetics Tries To Ditch Billing Fraud Stock Drop Suit

    Myriad Genetics Inc. and its directors asked a Utah federal judge to throw out a securities fraud class action against them on Tuesday, claiming that investors relied on an "armchair legal opinion" in their failure to adequately argue that the company illegally overbilled Medicare for its cancer testing services.

  3. April 23, 2018

    Genetics Co. Hid Cancer Test Overbilling, Investor Says

    Myriad Genetics Inc. and its executives hid from shareholders that it was overbilling Medicare and Medicaid for a hereditary cancer test in a scheme that eventually drew the U.S. Department of Health and Human Services’ ire and caused the company's stock to slump, an investor in a proposed class action said in Utah federal court. 

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