Pension Funds Move Closer to Certify Class Case Against Natera

Several large pension funds took a key step toward certifying as a class in a securities lawsuit against genetic testing company Natera Inc., which investors claim misrepresented billing and sales practices the company used to grow.

The district judge overseeing the case, David A. Ezra, should grant the investors’ motion to certify as part of the class any person or entity that bought Natera stock between Feb. 27, 2020, and March 8, 2022.Class members from that period also must show they were damaged because of the investment, said Magistrate Judge Thomas M. Howell in a report.

Howell recommended that named ...