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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of PolarityTE Inc (NASDAQ: COOL) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of PolarityTE Inc (NASDAQ: COOL) concerning whether a series of statements by PolarityTE Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On June 25, 2018, a report published by Citron Research claimed that PolarityTE is a “fraud,” accusing it of failing to disclose that its key technology has been rejected patent status by the United States Patent and Trademark Office. In addition, Citron Research claimed that PolarityTE failed to disclose its patent rejection in its subsequent SEC filings.
Following this news, NASDAQ: COOL fell sharply during intraday trading on June 25, 2018.
Based in Salt Lake City, Utah, PolarityTE Inc operates as commercial-stage biotechnology and regenerative biomaterials company in the United States.
If you purchased shares of PolarityTE Inc (NASDAQ: COOL) on or before June 25, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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