{"id":393236,"date":"2020-12-03T16:57:04","date_gmt":"2020-12-03T21:57:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393236"},"modified":"2020-12-03T16:57:04","modified_gmt":"2020-12-03T21:57:04","slug":"pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys\/","title":{"rendered":"PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. (PGEN) Investors to Application Deadline, Encourages Investors with Losses to Contact Its Attorneys"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">SAN FRANCISCO, Dec.  03, 2020  (GLOBE NEWSWIRE) &#8212; Hagens Berman urges Precigen, Inc. <strong>(N<\/strong><strong>ASDAQ<\/strong><strong>: <\/strong><strong>PGEN<\/strong><strong>)<\/strong> (f\/k\/a Intrexon) investors with significant losses to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iD-suM4Yek-VP7HwmOuNws-TE4LBV2CPi__Q6MSCmFJyvtGl5_F7D0YNqUgs7Secj9UdCcgJqkXegm31nYGVBvPHkXeNAlGYNfP6dAPVpxsy3USnv-uyeW3n5MkZMgmf\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">submit your losses now<\/a>. A securities fraud class action has been filed and certain investors may have sufficient losses to move for lead plaintiff.<\/p>\n<p>\n        <strong>Class<\/strong><br \/>\n        <strong>Period:<\/strong> May 10, 2017 &#8211; Sept. 25, 2020<br \/><strong>Lead Plaintiff Deadline: <\/strong>Dec. 4, 2020<br \/><strong>Visit<\/strong><strong>:<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rpCxi6pdoLjdBQaAqNvAKtFDdhfrG0gTkGP8vLaviBGFImJSvrTJywkoh0eH1PgWWPWwrMVFP1hNe5xuiKSfhn_JrX_HmOgHBksp_sWPxUlsj8o7nGwAfWzrzBz8L77wRq3oGOdF2ffSTHPCFQxTsA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.hbsslaw.com\/investor-fraud\/PGEN<\/a><br \/><strong>Contact An Attorney Now<\/strong><strong>:<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oCD8o-RJJkeq82QTJGKQ8mraCSmy4YERjBoRhY1xAyos9dBNh4p7tuoTZxrIL13YzCj4lEuvphiOsGHilgVcag==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">PGEN@hbsslaw.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>844-916<\/strong><strong>&#8211;<\/strong><strong>0895<\/strong><\/p>\n<p>\n        <strong>Precigen<\/strong><br \/>\n        <strong>, Inc. <\/strong><br \/>\n        <strong>(<\/strong><br \/>\n        <strong>PGEN<\/strong><br \/>\n        <strong>) <\/strong><br \/>\n        <strong>Securities Fraud Class Action<\/strong><br \/>\n        <strong>: <\/strong>\n      <\/p>\n<p>The complaint alleges that Defendants misrepresented and concealed that: (1) the Company was using pure methane as feedstock for its announced yields for its methanotroph bioconversion (\u201cMCB\u201d) platform instead of natural gas; (2) yields from natural gas as a feedstock were substantially lower than the announced pure methane yields; (3) due to the substantial price difference between pure methane and natural gas, pure methane was not a commercially viable feedstock; (4) the Company\u2019s 1Q 2018 financial statements were false; (5) the Company had material weaknesses in its internal controls over financial reporting; and (6) the Company was under investigation by the SEC since October 2018.<\/p>\n<p>Investors allegedly began to learn the truth through a series of disclosures beginning on Aug. 9, 2018, when the company announced that its 1Q 2018 financial results could no longer be relied on.\u00a0\u00a0 In its restated 1Q 2018 results, the company made significant changes to deferred revenue, collaboration and licensing revenues and accumulated deficit, as well as admitted to material weaknesses in its internal controls over financial reporting.<\/p>\n<p>Then, on Mar. 2, 2020, the company disclosed it received a subpoena in Oct. 2018 from the SEC concerning Precigen\u2019s MCB-related disclosures.<\/p>\n<p>Finally, on Sept. 25, 2020, the SEC issued a cease and desist order involving \u201cinaccurate reports concerning the company\u2019s purported success converting relatively inexpensive natural gas into more expensive industrial chemicals using a proprietary [MCB] program.\u201d<\/p>\n<p>\u201cWe\u2019re focused on investors\u2019 losses and proving that Precigen cooked its books and promoted fake technology,\u201d said Reed Kathrein, the Hagens Berman partner leading the investigation.<\/p>\n<p>If you are a Precigen investor and have significant losses, or have knowledge that may assist the firm\u2019s investigation, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pY59U3rxSIYU5PFobmbssDunZCls6-He3dPwkNz5wlaFN9wckelBwKzmOx8qXOZdFpp9ApYEIQzhHP7yHYSkR-TbdVtiT-FEHSCrLRbyBp9mKZgCqE2vaal3AOdSGH8ZtSExmv5bXtnU58PWtnDGpkO9zQSVR_ff-1okDrHIkEc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n<p>\n        <strong>Whistleblowers: <\/strong>Persons with non-public information regarding Precigen should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at <strong>844<\/strong><strong>&#8211;<\/strong><strong>916<\/strong><strong>&#8211;<\/strong><strong>0895<\/strong> or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oCD8o-RJJkeq82QTJGKQ8g2xmyQo0M4Lf6jj-bf46d6TK5ij8wcLsqF-rWXc9qeyvhOSNhfGG7G6IyDpBOQEFg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">PGEN@hbsslaw.com<\/a>.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=r34iH0Qp_LhmxeTdFOLs7p95qGezey3-si8jYsNWB5xgZfx4Yuhj7bRORmVobxLb9-zAqoWqRFvBDn3nBe8cNFHKqlb1HERMiYNse-dtJlQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>About Hagens Berman<\/u><br \/>\n        <\/a><br \/>\n        <br \/>Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.\u00a0\u00a0 More about the firm and its successes is located at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jNiPhjUrS4hE_R9R4LwCXZM5HgKh5PmN2U_jEpO00xvAzTv54dDDUzbLNJyioElcDG0w1d9Fq6W6a59oncevsw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">hbsslaw.com<\/a>. For the latest news visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KigaeDQbyKifPz_xSX4yl_Yjg7ccAuSijWKVaJ4wwBldnxVTosWKMUvXM3C9MtIRXPfXLtP_YrymH0z1WxShwWF87yJMlTKD7WEkOvkzP6o=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>newsroom<\/u><\/a> or follow us on Twitter at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nRSvNAGIddy3Ny4hLkUa0S3RPRxVgfv27TjOUpL29ceopaxII3lmNQE3Zk1sfxuLrgsO9tkAfIBINH_Y0xdFgOQLW7-fJCcLXa5wuLXs758=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>@classactionlaw<\/u><\/a>.<\/p>\n<p>\n        <u>Contact<\/u><br \/>\n        <u>: <\/u><br \/>\n        <br \/>Reed Kathrein, 844-916-0895<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjU5NyMzODU1OTE1IzIwMTg1MzI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/d747c731-d20f-4607-9c3c-477364874644\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO, Dec. 03, 2020 (GLOBE NEWSWIRE) &#8212; Hagens Berman urges Precigen, Inc. (NASDAQ: PGEN) (f\/k\/a Intrexon) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have sufficient losses to move for lead plaintiff. Class Period: May 10, 2017 &#8211; Sept. 25, 2020Lead Plaintiff Deadline: Dec. 4, 2020Visit:www.hbsslaw.com\/investor-fraud\/PGENContact An Attorney Now:PGEN@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916&#8211;0895 Precigen , Inc. ( PGEN ) Securities Fraud Class Action : The complaint alleges that Defendants misrepresented and concealed that: (1) the Company was using pure methane as feedstock for its announced yields for its methanotroph bioconversion (\u201cMCB\u201d) platform instead of natural gas; (2) yields from natural gas as a feedstock were substantially lower than the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. (PGEN) Investors to Application Deadline, Encourages Investors with Losses to Contact Its Attorneys&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393236","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. (PGEN) Investors to Application Deadline, Encourages Investors with Losses to Contact Its Attorneys - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. (PGEN) Investors to Application Deadline, Encourages Investors with Losses to Contact Its Attorneys - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN FRANCISCO, Dec. 03, 2020 (GLOBE NEWSWIRE) &#8212; Hagens Berman urges Precigen, Inc. (NASDAQ: PGEN) (f\/k\/a Intrexon) investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have sufficient losses to move for lead plaintiff. Class Period: May 10, 2017 &#8211; Sept. 25, 2020Lead Plaintiff Deadline: Dec. 4, 2020Visit:www.hbsslaw.com\/investor-fraud\/PGENContact An Attorney Now:PGEN@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916&#8211;0895 Precigen , Inc. ( PGEN ) Securities Fraud Class Action : The complaint alleges that Defendants misrepresented and concealed that: (1) the Company was using pure methane as feedstock for its announced yields for its methanotroph bioconversion (\u201cMCB\u201d) platform instead of natural gas; (2) yields from natural gas as a feedstock were substantially lower than the &hellip; Continue reading &quot;PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. 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A securities fraud class action has been filed and certain investors may have sufficient losses to move for lead plaintiff. Class Period: May 10, 2017 &#8211; Sept. 25, 2020Lead Plaintiff Deadline: Dec. 4, 2020Visit:www.hbsslaw.com\/investor-fraud\/PGENContact An Attorney Now:PGEN@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916&#8211;0895 Precigen , Inc. ( PGEN ) Securities Fraud Class Action : The complaint alleges that Defendants misrepresented and concealed that: (1) the Company was using pure methane as feedstock for its announced yields for its methanotroph bioconversion (\u201cMCB\u201d) platform instead of natural gas; (2) yields from natural gas as a feedstock were substantially lower than the &hellip; Continue reading \"PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. (PGEN) Investors to Application Deadline, Encourages Investors with Losses to Contact Its Attorneys\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-03T21:57:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjU5NyMzODU1OTE1IzIwMTg1MzI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgen-deadline-tomorrow-hagens-berman-national-trial-attorneys-alerts-precigen-inc-pgen-investors-to-application-deadline-encourages-investors-with-losses-to-contact-its-attorneys\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PGEN DEADLINE TOMORROW: Hagens Berman, National Trial Attorneys, Alerts Precigen, Inc. 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