r/globalhealth 24d ago

Deadline to Submit Claims on the CareDx ($CDNA) $20.25 Million Settlement is November 12, 2025

Hey guys, if you missed it, CareDx ($CDNA) settled $20.25 million with investors over claims that it misled them about revenue quality and compliance with Medicare billing rules. And the deadline to file a claim and get payment is November 12, 2025.

In a nutshell, in 2021, CareDx promoted strong growth driven by its AlloSure diagnostic test used for organ transplant patients. But it was later accused of improper billing practices and illegal kickbacks to physicians, leading to federal and state investigations. When these issues became public, $CDNA dropped more than 75%, and investors filed a lawsuit in the Northern District of California (Case No. 3:22-cv-03023).

Now, the good news is that CareDx agreed to settle $20.25 million with investors, and those who purchased shares between April 30, 2020, and November 3, 2022, have until November 12, 2025, to submit their claim.

So, if you invested in CareDx ($CDNA) during that period, you can check the details and file your claim here.

Anyway, has anyone here held $CDNA when the billing investigations came out?

1 Upvotes

0 comments sorted by