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  • American City Business Journals2 months ago

    State clawing back $1.36M in grant incentives

    Sequenom (SQNM), a California life sciences company that opened a research facility in Research Triangle Park in 2012, for several years seemed to be on track toward fulfilling most of its 2011 Jobs Development Investment Grant (JDIG) commitment to create 242 new jobs in the state and invest $18.7 million by 2015. After Sequenom in January consolidated and closed its RTP laboratory , the state determined that it would be required to pay back $54,457. According to the state’s October clawback report, Sequenom fulfilled its end of that bargain on June 14 paying back the full balance.

  • PR Newswire3 months ago

    Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Sequenom, Inc.

    NEW YORK, Sept. 7, 2016 /PRNewswire/ -- Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of California, case no. 3:16-cv-02084, on behalf of shareholders of Sequenom, Inc. ("Sequenom" or the "Company") (SQNM) who held Sequenom securities and have been harmed by Sequenom's and its board of directors' (the "Board") alleged violations of Sections 14(d)(4), 14(e), and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and of the United States Securities and Exchange Commission ("SEC") Rule 14d-9 in connection with the sale of the Company to Laboratory Corporation of America Holdings ("LabCorp").

  • Business Wire3 months ago

    Laboratory Corporation of America® Holdings Successfully Completes Acquisition of Sequenom, Inc.

    Laboratory Corporation of America® Holdings today announced the successful completion of the offering period for the cash tender offer by its direct wholly owned subsidiary, Savoy Acquisition Corp.