LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it has commenced an investigation on behalf of PolarityTE, Inc. (“PolarityTE” or the “Company”) (NASDAQ: COOL) investors concerning the Company and its officers’ possible violations of federal securities laws in connection with allegedly misleading investors regarding its exposure to asbestos related claims.
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On June 25, 2018, Citron Research published a report alleging 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. Citron Research further noted that PolarityTE failed to disclose its patent rejection in its subsequent SEC filings. On this news, PolarityTE’s stock fell sharply during intraday trading on June 25, 2018, thereby injuring investors.
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If you purchased PolarityTE securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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