NEW YORK, NY / ACCESSWIRE / November 25, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Twist Bioscience Corporation ('Twist' or the 'Company') (NASDAQ:TWST).
If you suffered losses exceeding $50,000 investing in Twist stock or options and would like to discuss your legal rights,call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/TWST.
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Twist is the subject of a research report published on November 15, 2022, by Scorpion Capital. The report describes the Company as 'a cash-burning inferno that is not a going concern, operating a ponzi-like scheme that will end in bankruptcy.'
Based on this report, shares of Twist fell by more than 18% in morning trading on the same day.
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SOURCE: Faruqi & Faruqi, LLP
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