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Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Celera Corporation

^{Published on 2010-06-15 18:40:10 - Market Wire}
 

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of all persons or entities who purchased the common stock of Celera Corporation (aCeleraa or the aCompanya) (NASDAQ:CRA) between April 24, 2008 and July 22, 2009, inclusive (the aClass Perioda). The class action lawsuit was filed in the United States District Court for the Northern District of California.

Celera is a healthcare business focused on the integration of genetic testing into routine clinical care through a combination of products and services a" including molecular diagnostic products and clinical laboratory testing services a" incorporating proprietary discoveries. The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Companya™s business and financial results, thereby artificially inflating the price of Celera stock.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Celera common stock between April 24, 2008 and July 22, 2009, you have certain rights, and have until August 13, 2010, to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, by email to [ howardsmith@howardsmithlaw.com ] or visit our website at [ www.howardsmithlaw.com ].