NEW YORK, March 19, 2019 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of PolarityTE, Inc. (“PolarityTE” or the “Company”) (
) resulting from allegations that PolarityTE and/or its executives may have issued materially misleading business information to the investing public.
If you purchased PolarityTE securities, and/or would like to discuss your legal rights and options, please visit PolarityTE Shareholder Investigation or contact Daniel Sadeh toll free at (877) 779-1414 or email@example.com .
On March 18, 2019, PolarityTE disclosed that “[o]n March 4, 2019, we obtained from the SEC a copy of the formal order of investigation of the Company and its affiliates with respect to possible violations of the federal securities laws, including, among other things, the anti-fraud provisions of the Securities Act and the Exchange Act with respect to the Company’s public disclosures, the beneficial ownership reporting provisions of the Exchange Act and the anti-price manipulation provisions of the Exchange Act.”
On this news, shares of PolarityTE fell $2.42 per share, or over 15%, to close at $13.05 per share on March 18, 2019, damaging investors.
If you purchased PolarityTE securities, and/or would like to discuss your legal rights and options, please visit https://www.bernlieb.com/cases/polarityte-inc-pte-lawsuit-class-action-fraud-stock-119/ or contact Daniel Sadeh toll free at (877) 779-1414 or firstname.lastname@example.org .
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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