The Sema4 class action lawsuit – captioned Helo v. Sema4 Holdings Corp., No. 22-cv-01131 (D. Conn.) – charges Sema4 and certain of its top executives with violations of the Securities Exchange Act of 1934. If you suffered losses in Sema44 stock or would like additional information, visit us here. Allegations in the Sema4 Fix Class Action Lawsuit The Sema4 class action lawsuit alleges that defendants failed to disclose that: (i) there was a significant risk that Sema4 would reverse a material amount of previously recognized revenue that it could not recoup from third-party payors; (ii) Sema4 was experiencing declining selling prices for its reproductive health segment; and (iii) thus, Sema4's financial results would be adversely affected. On August 15, 2022, Sema4 announced changes to its research and development leadership team, including that Sema4's founder, defendant Eric Schadt, was stepping down from his roles as President and Chief Research & Development Officer.