NEW YORK, Oct. 9, 2019 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Qiagen N.V. ("Qiagen" or the "Company") (QGEN) resulting from allegations that Qiagen might have issued misleading information to the investing public.
If you purchased Qiagen securities, and/or would like to discuss your legal rights and options please visit Qiagen Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
On October 7, 2019, Qiagen announced its third quarter results. The third quarter results would come in substantially below previous estimates and also announced that its CEO had resigned. Qiagen announced that it estimates its third-quarter sales at a constant growth exchange rate of 3%, much lower than its previously estimated sales growth of 4% to 5%. Qiagen also announced that Peter M. Schatz, the company's CEO for 27-years, would resign as CEO and chairman of the Board effective immediately.
On this news, Qiagen's stock price closed at $25.41 per share, a decline of approximately 20% from the previous days close.
If you purchased Qiagen securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/qiagennv-qgen-shareholder-class-action-lawsuit-stock-fraud-200/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
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