ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC is investigating whether PolarityTE, Inc. (“PolarityTE” or the “Company”) (NASDAQ: COOL) complied with the federal securities laws. On June 25, 2018, Citron Research issued a report labeling PolarityTE a “fraud” and called for the Securities and Exchange Commission (“SEC”) to halt trading of the stock. According to the Citron report, PolarityTE allegedly failed to disclose that its technology patent application had been rejected by the U.S. Patent and Trademark Office days before raising money in its June 5, 2018 offering. The price of Polarity stock fell significantly following the report.
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