Los Angeles, CA - 
(NewMediaWire) - October 7, 2021 - The Schall Law Firm, a national
shareholder rights litigation firm, announces that it is investigating claims
on behalf of investors of Ginkgo Bioworks Holdings, Inc. (“Ginkgo” or “the
Company”) (NYSE: DNA) 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. Ginkgo is the subject of a report published by Scorpion Capital on
October 6, 2021. The report alleges that the Company is a “colossal scam.” The
report describes the Company as a “shell game” whose revenues are highly
dependent on related-party transactions. Scorpion Capital alleges that the
Company is a “Frankenstein mash-up of the worst frauds of the last 20 years.”
Based on this news, Ginkgo shares fell as much as 20% in intraday trading on
the same day.
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 brian@schallfirm.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you choose to
take no action, you can remain an absent class member.
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.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
