Hey guys, if you missed it, CareDx ($CDNA) settled $20.25 million with investors over claims it misled them about its revenue quality and compliance with Medicare billing rules. And the deadline to file a claim and get payment is November 12, 2025.
In a nutshell, in 2022, CareDx was accused of improper billing and paying kickbacks to doctors to boost sales of its AlloSure transplant test. After these issues came to light, $CDNA fell more than 75%, and investors filed a lawsuit over misleading financial statements and compliance failures.
Now, the good news is that the company agreed to settle $20.25 million, and investors have until November 12, 2025, to submit their claims.
So, if you invested in $CDNA when all of this happened, you can check the details and file your claim here.
Anyway, has anyone here invested in $CDNA at that time? How much were your losses, if so?
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