BLI CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Berkeley Lights, Inc. Shareholders of Securities Fraud Class Action Lawsuit | State

RADNOR, Pa., January 1, 2022 / PRNewswire / – Law firm Kessler Topaz Meltzer & Check, LLP has announced that a securities class action lawsuit has been filed against Berkeley Lights, Inc. (“Berkeley Lights”) (NASDAQ: BLI). The lawsuit alleges Berkeley Lights violated US securities laws, including omissions and fraudulent misrepresentations regarding the company’s business, operations and prospects. As a result of Berkeley Lights ‘materially misleading statements to the public, Berkeley Lights’ investors have suffered significant losses.

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DEADLINES OF THE LEADING APPLICANT: February 7, 2022

SCHOOL LESSON: 17th July 2020 through September 14, 2021

CONTACT A LAWYER TO DISCUSS YOUR RIGHTS:

James Maro, Esq. (484) 270-1453 or Duty free (844) 887-9500 or email at [email protected]

BERKELEY LIGHTS SPECIFIED FAULT BEHAVIOR

Berkeley Lights, headquartered in Emeryville, California, is a digital cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products.

on September 15, 2021, Scorpion Capital released an investigative report on Berkeley Lights entitled “Fleecing Customers And IPO Bagholders With A $ 2 million Black Box is a clunker, while insiders and Silicon Valley bigwigs race to dispose of stocks. Just one more VC pump on 27X sales. Target price: $ 0. “The report criticized Berkeley Lights ‘technology and questioned the durability of Berkeley Lights’ key business relationships and business growth plan. In addition, the report found that negative customer experiences had further reduced Berkeley Lights’ growth potential on the trail of customers claiming they were “tricked,” misled, or promised too much to buy $ 2 million Lemon “and came to the conclusion that the” reality is so far away ” [Berkeley Lights’s] terrific hype that we believe their product claims and practices could be an outright scam. “

Following the news, Berkeley Lights’ stock price fell nearly 30% in two trading days to close $ 23.53 per share September 16, 2021.

WHAT CAN I DO?

Berkeley Lights Investors can not later than February 7, 2022, attempt to be appointed as lead class representative by Kessler Topaz Meltzer & Check, LLP, or other legal counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages Berkeley Lights investors who have suffered significant losses to contact the company directly for more information.

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Who can be a lead plaintiff?

A lead plaintiff is a representative party who acts on behalf of all class members in the conduct of the dispute. The main plaintiff is usually the investor or small group of investors who have the greatest financial interest and who are also appropriate and typical of the proposed class of investors. The lead plaintiff selects an attorney to represent the lead plaintiff and the group, and those attorneys, if approved by the court, are lead or class plaintiffs. Your ability to participate in a recovery will not be affected by whether or not you wish to be the lead plaintiff.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP

Kessler Topaz Meltzer & Check, LLP pursues class action lawsuits in state and federal courts across the country and worldwide. The company has earned a worldwide reputation for excellence and reclaimed millions of dollars for victims of corporate fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by companies and trustees. Ultimately, we succeeded if the bad guys pay and you get your wealth back. The complaint in this lawsuit was not filed by Kessler Topaz Meltzer & Check, LLP. For more information on Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.

CONTACT:

Kessler Topas Meltzer & Check, LLP

James Maro, Jr., Esq.

280 König-von-Preußen-Strasse

Radnor, PA 19087

(844) 887-9500 (toll free)

[email protected]

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SOURCE Kessler Topaz Meltzer & Check, LLP

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