Bronstein, Gewirtz & Grossman, LLC & Fabric Genomics

Bronstein, Gewirtz & Grossman, LLC: Bronstein, Gewirtz & Grossman, LLC is a law firm that has filed class action lawsuits against both GeneDx Holdings Corporation and BitGo, representing investors who suffered losses.

Fabric Genomics: Fabric Genomics was acquired by GeneDx Holdings Corporation, and its viability and importance were allegedly misrepresented, leading to a significant impairment loss for GeneDx Holdings Corporation and contributing to the securities fraud allegations.

Bronstein, Gewirtz & Grossman, LLC: Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against GeneDx Holdings Corporation and certain officers, alleging securities fraud. The firm is encouraging affected investors to join the case before the lead plaintiff deadline.

Fabric Genomics: Fabric Genomics is the acquired company at the center of the alleged misrepresentations. GeneDx Holdings Corporation recorded a $31.2 million impairment loss, wiping out about 94% of the cash paid for it. The acquisition's failure is the core issue in the lawsuit.