WHY:
New York, NY – 
(NewMediaWire) – January 19, 2022 – Rosen
Law Firm, a global investor rights law firm, reminds purchasers of the
securities of Berkeley Lights, Inc. (NASDAQ: BLI) between July
17, 2020 and September 14, 2021, inclusive (the “Class Period”), of the
important February 7, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Berkeley Lights securities during
the Class Period you may be entitled to compensation without payment of any out
of pocket fees or costs through a contingency fee arrangement.
WHAT TO
DO NEXT: To join
the Berkeley Lights class action, go to http://www.rosenlegal.com/cases-register-2222.html
or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on
the class action. A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than February 7,
2022. A lead plaintiff is a representative party acting on behalf of other
class members in directing the litigation.
WHY
ROSEN LAW: We encourage investors to
select qualified counsel with a track record of success in leadership roles.
Often, firms issuing notices do not have comparable experience, resources or
any meaningful peer recognition. Many of these firms do not actually
litigate securities class actions. Be wise in
selecting counsel. The Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and shareholder
derivative litigation. Rosen Law Firm has achieved the largest ever securities
class action settlement against a Chinese Company. Rosen Law Firm was Ranked
No. 1 by ISS Securities Class Action Services for number of securities class
action settlements in 2017. The firm has been ranked in the top 4 each year
since 2013 and has recovered hundreds of millions of dollars for investors. In
2019 alone the firm secured over $438 million for investors. In 2020, founding
partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many
of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS
OF THE CASE: According to the
lawsuit, defendants throughout the Class Period made false and/or misleading
statements and/or failed to disclose that: (1) Berkeley Lights’ flagship
instrument, the Beacon, suffered from numerous design and manufacturing defects
including breakdowns, high error rates, data integrity issues and other
problems, limiting the ability of biotechnology companies and research
institutions to consistently use the machines at scale; (2) Berkeley Lights had
received numerous customer complaints regarding the durability and
effectiveness of Berkeley Lights’ automation systems, including complaints
related to the design and manufacturing; (3) the actual market for Berkeley
Lights’ products and services was a fraction of the $23 billion represented to
investors because of, among other things, the relatively high cost of Berkeley
Lights’ instruments and consumables and inability to provide the sustained
performance necessary to justify these high costs; and (4) as a result,
defendants’ statements to investors during the Class Period regarding Berkeley
Lights’ business, operations, and financial results were materially false and
misleading. When the true details entered the market, the lawsuit claims that
investors suffered damages.
To join the Berkeley Lights class action, go
to http://www.rosenlegal.com/cases-register-2222.html
or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on
the class action.
No Class Has Been
Certified. Until a class is certified, you are not represented by counsel
unless you retain one. You may select counsel of your choice. You may also
remain an absent class member and do nothing at this point. An investor’s
ability to share in any potential future recovery is not dependent upon serving
as lead plaintiff.
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Attorney Advertising. Prior
results do not guarantee a similar outcome.
——————————-
Contact
Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View the original release on www.newmediawire.com