FLGT Investors Have Opportunity to Join Fulgent Genetics, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--May 24, 2025--
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fulgent Genetics, Inc. ('Fulgent' or 'the Company') (NASDAQ: FLGT ) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Fulgent disclosed as part of its annual report filed with the SEC on February 28, 2025, that it had received a civil investigative demand from the DOJ regarding potentially false claims filed under the Uninsured Program.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250524461585/en/
CONTACT: The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: Schall Law Firm
Copyright Business Wire 2025.
PUB: 05/24/2025 09:19 PM/DISC: 05/24/2025 09:19 PM
http://www.businesswire.com/news/home/20250524461585/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
30 minutes ago
- Forbes
Are Your AI Agents Training For Gold—Or Settling For Bronze?
George Stelling, Quadrillion Partners and Lunation's CEO—transforming businesses with AI innovation and digital capabilities. Companies rushing into AI-driven solutions often face a common pitfall: deploying AI agents that initially impress but quickly plateau. Gartner reports (via VentureBeat) that 85% of AI projects fail without proper follow-through, while a study published in Nature notes that 91% of machine learning models degrade if left unattended. The message is clear: Without ongoing improvements, your AI agents risk falling behind, ultimately failing to deliver sustainable business value. The solution? Embracing an AI flywheel agent—a semi-autonomous AI agent specifically designed to provide real-time metrics on data quality, usage patterns, costs, execution cycle times and other critical KPIs. This agent continuously analyzes these metrics and proactively recommends improvements to your core workflow agents, creating a self-sustaining cycle of enhanced AI performance. It should also capture customer satisfaction data to inform continuous improvements. Its "flywheel" is a continuous loop of recommendations across multiple dimensions that matter to both business users and AI engineers. To practically achieve continuous improvement, adopt the straightforward yet powerful approach called LIFT: • Learn: Continuously gather and analyze data from each interaction with each agent. • Iterate: Regularly refine processes and adapt to evolving user needs. • Feedback: Consistently incorporate real-time user insights. • Transform: Convert insights into measurable business outcomes. Together, these steps "LIFT" your AI agents from average performance to peak effectiveness, ensuring they're constantly training for gold rather than settling for bronze. An AI flywheel agent is a specialized and focused AI agent designed to measure, monitor and enhance the performance of all of your core AI agents. It actively tracks key metrics, including data quality, user adoption, operational costs, workflow efficiency and execution cycle times. Beyond simple reporting, the flywheel agent proactively analyzes data and recommends actionable enhancements. The concept closely aligns with NVIDIA's idea of a data flywheel, which emphasizes continuous data enrichment and iterative learning. Similarly, an AI flywheel agent creates a reinforcing loop that yields exponential performance gains over time. The LIFT approach complements this flywheel by structuring continuous improvements into clear, actionable phases: • Data Quality And Usage Insights (Learn): Capturing and analyzing data from user interactions to continuously refine predictive accuracy • User Interface Enhancements (Iterate And Feedback): Systematically incorporating user feedback to enhance adoption and satisfaction • Workflow Efficiency (Iterate And Transform): Identifying bottlenecks to streamline processes and reduce cycle times • Business Outcome Maximization (Transform): Aligning recommendations directly with strategic business goals for optimal ROI Deploying static AI agents yields immediate results, but rarely sustainable success. Real-world conditions, data environments and user expectations constantly evolve, rapidly rendering inflexible systems obsolete. In contrast, AI flywheel agents utilizing the LIFT approach stay adaptive, responsive and aligned with evolving business contexts. Integrating analytics platforms such as Tableau, Power BI or Qlik into your AI workflows enables immediate performance tracking. AI flywheel agents leverage these tools to provide continuous visibility into critical operational metrics, allowing rapid issue identification and proactive improvement. Poor usability consistently undermines AI initiatives. Flywheel agents prioritize integrating continuous user feedback, iteratively refining user interfaces to boost adoption rates. Higher adoption generates richer interaction data, further fueling the continuous improvement cycle. Extended cycle times reduce organizational responsiveness. Flywheel agents continuously analyze processes, identifying and eliminating inefficiencies, significantly reducing delays. This ensures rapid realization of AI-driven value and boosts organizational agility. High-quality data underpins AI effectiveness. Flywheel agents continually refine data accuracy and relevance, resulting in more accurate predictions, actionable recommendations and better strategic decisions. To successfully adopt an AI flywheel agent with LIFT, follow these practical steps: 1. Clearly define success metrics. Establish upfront KPIs (e.g., customer satisfaction, data quality, user adoption, cost savings, cycle time improvements and business performance against goals) that indicate the success of AI agents. 2. Embed analytics heavily. Integrate analytics tools from the beginning, providing immediate insights into agent performance and areas for improvement. 3. Establish automated feedback loops. Automate user feedback collection and systematically incorporate it into iterative improvements. 4. Enable autonomous recommendations. Allow your flywheel agent to analyze metrics proactively and suggest targeted improvements independently, weekly or monthly, for consideration by both your business and IT teams. Deploying AI isn't the finish line—it's the starting point. Gartner's statistic that 85% of AI projects falter without continued improvement, paired with the finding in Nature that 91% of ML models degrade without monitoring, underscores the urgency of sustained optimization. Static, neglected AI systems quickly lose their competitive edge, wasting valuable resources and opportunities. By implementing an AI flywheel agent using the LIFT approach, you ensure that your AI investment remains agile, responsive and continuously valuable. Instead of settling for bronze, your AI solutions will be perpetually training for gold, consistently delivering robust, lasting, competitive advantages and business outcomes. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Bloomberg
34 minutes ago
- Bloomberg
Gold Needs Shock for Price to Break Away: BofA's Blanch
Francisco Blanch, head of commodities and derivatives research at BofA Securities, offers his outlook for gold and other precious metals as he has a $4,000 price target for gold, 'which may be a 2026 story.' (Source: Bloomberg)
Forbes
35 minutes ago
- Forbes
Financial Stocks Have Topped The Charts For The Past Year
A trader at work on the floor of the New York Stock Exchange. Financial Stocks posted a 24% return ... More in the 12 months ended May 31, the best return of any market sector. (Photo by Michael M. Santiago/Getty Images) The best performing sector in the stock market for the past year has been the unsung financial sector. Its 24% return for the year through May 31 was nearly double the return on the market as a whole. Unlike technology or biotech, financial stocks don't get people very excited. There's no tantalizing hint of instant riches from investing in banks, insurance companies, credit-card companies and the like. Where's the glamor? Yet many financial stocks, in their unobtrusive way, have been excellent investments over the years. In the past decade, Mastercard Inc. (MA) has returned 577%, Visa Inc. (V) 481%, J.P. Morgan Chase & Co. (JPM) 419%, American Express Co. (AXP) 341%, and Goldman Sachs Group Inc. (GS) 257%. For comparison, the Standard & Poor's 500 Total Return index has returned 243%, including dividends. Here are five financial stocks that I think are promising investments now. It's no coincidence that three U.S Secretaries of the Treasury – Robert Rubin, Henry Paulson and Steven Mnuchin – were Goldman Sachs alumni. Goldman in my opinion is the most prestigious investment banking firm in the country, though Morgan Stanley would dispute that. In the past ten years, Goldman has grown its revenue by an average of 9% a year, and its profits by an average of 14%. Analysts are divided on the stock, with 13 recommending it and 10 giving it a tepid 'hold.' I notice, however, that some analysts for whom I have considerable respect are in the 'buy' camp. That includes Kian Abouhossein of J.P. Morgan and Mike Mayo of Wells Fargo. I've done business with J.P. Morgan for about 17 years (it is the custodial broker for my hedge fund), so I may not be completely objective. But I find the value compelling here. The company posted a strong return on equity, 17%, in the past four quarters. Yet the stock is fairly cheap, at 13 times earnings. In addition to running a large brokerage and investment banking operation, the company owns Chase Bank, one of the largest commercial banks in the U.S. Jamie Dimon, the CEO since 2006, plans to retire within 'several' years, but in the meantime, I view him as a big plus. In the past 30 years, J.P. Morgan has been profitable every year, even in the Great Recession of 2008. The U.S. government has turned to it to take over troubled firms such as Bear Stearns in 2008 and First Republic Bank in 2023. Boasting a sparkling 34% return on equity in the past year, Progressive Corp. (PGR) is an auto and home insurer based in Mayfield Village, Ohio. You may know it from its quirky TV commercials, featuring wry humor and a woman named Flo. In auto-insurance market share, Progressive has been gaining on rival State Farm and has moved well ahead of Allstate. In home insurance, Progressive has also gained market share, but I worry that it has heavy exposure to hurricane-plagued Florida. The company stopped issuing new home insurance policies in Florida in 2022, and has said that it won't renew certain existing policies there. The stock is up 935% over the past decade. Based in Pasadena, California East West Bancorp. (EWBC) does some business in China and serves the Chinese-American population in many U.S. cities. Despite a terrible relationship between the U.S. and China, East West's stock has climbed 33% in the past year. If that relationship ever thaws out, I would expect East West to benefit. Meanwhile, East West has posted a respectable return on equity in the past year, above 15%. The stock seems modestly priced to me at about 11 times earnings. The bank's executive team, led by Dominic Ng as chief executive officer, is well aware of the touchy state of U.S.-China relations. The word 'China' does not appear once in the bank's 2024 annual report. Main Street Capital Corp. (MAIN), from Houston, Texas, invests in, and lends to, medium-sized and small private businesses. Its web site lists more than 100 companies with which it has done business. The firm has been profitable 19 years in a row, and has been publicly traded since 2007. Analysts disdain it (five 'hold' ratings and only one 'buy'), partly because they believe it may have to cut its dividend. It so, the cut will come from a rich starting point. The dividend yield right now is 7.2%. Disclosure: I own J.P. Morgan shares personally and for most of my clients. I own Goldman Sachs and Progressive for some clients. My wife, who is a portfolio manager at my firm, owns Progressive personally and for clients. John Dorfman is chairman of Dorfman Value Investments LLC in Boston, Massachusetts. He or his clients may own or trade securities discussed in this column. He can be reached at jdorfman@
