Investigation of Bio-Reference Laboratories

The Law Offices of Nicholas Koluncich III, LLC Announces Investigation of Bio-Reference Laboratories

ALBUQUERQUE, N.M.–(BUSINESS WIRE)–The Law Offices of Nicholas Koluncich III, LLC is investigating possible breaches of fiduciary duty by the Board of Directors of Bio-Reference Laboratories (BRLI) brought to light by troubling allegations in “The Street Sweeper.” Shareholders seeking information are encouraged to contact The Law Offices of Nicholas Koluncich III, LLC.

Specifically, in November of 2011, The Street Sweeper alleged that a certain employee had ties to organized crime, which allegations the company declined to deny with any particularity. That report further alleged that a certain executive made improper demands for “bounties” from employees. In addition to these alleged historical practices, The Street Sweeper reported skeptically on the peculiar types of testing services BRLI markets. These allegations created concerns in the stock market and an immediate downturn in share price. Individuals having information about this company or its directors and officers are asked to contact The Law Offices of Nicholas Koluncich III, LLC. Former employees are particularly encouraged to contact us.

If you own BRLI shares or have any questions concerning your rights and interests with regard to this matter, please contact The Law Offices of Nicholas Koluncich III, LLC. Initial consultation is free of charge and all information shall be treated as privileged and confidential. Although no success in any litigation can be assured, as a BRLI shareholder, you may be eligible for some form of financial recovery.

Law Offices of Nicholas Koluncich III, LLC
6501 Americas Parkway NE
One Park Square – Suite 820
Albuquerque, NM 87110
(505) 881-2228
FAX (505) 881-4288
nkoluncich@newmexicoclassactions.com

The Law Offices of Nicholas Koluncich III, LLC has been representing individual and institutional investors for over a decade, and served as counsel in numerous cases in U.S. federal and state courts.

Contacts

Law Offices of Nicholas Koluncich III, LLC
Nicholas Koluncich, 505-881-2228
Fax: 505-881-4288
nkoluncich@newmexicoclassactions.com