The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Utah on behalf of investors who purchased PolarityTE, Inc. (NASDAQ: COOL) securities between March 31, 2017 and June 22, 2018.
According to the COOL lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the status of Patent #14/954,335 at the time it was acquired by the Company on April 7, 2017 and the months following; (ii) the updated status of Patent #14/954,335 after its June 4, 2018 final rejection by the United States Patent Office; and (iii) that as a result of the foregoing, PolarityTE's publicly disseminated financial statements were materially false and misleading.
If you suffered a loss in PolarityTE, Inc. you have until August 27, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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