NEW YORK, December 19, 2021 / PRNewswire / –
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Desktop Metal, Inc. (NYSE: DM) arising from allegations that Desktop Metal may have may have provided misleading marketing information to the investing public. .
SO WHAT: If you have purchased securities from Desktop Metal, you may be entitled to compensation without payment of any fees or charges under a contingency fee agreement. Rosen law firm is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the possible class action lawsuit, go to http://www.rosenlegal.com/cases-register-2205.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [emailÂ protected] Where [emailÂ protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: After the market closes on November 8, Desktop Metal announced an independent investigation resulting from an internal whistleblower complaint regarding the company’s EnvisionTec subsidiary. At November 15, the CEO of EnvisionTec resigned and the company revealed compliance issues with EnvisionTec shipments, which resulted in regulatory activity from the FDA.
Desktop Metal shares fell 7% in intraday trading on November 9, 2021, after the initial disclosure, and fell more than 5% in the after-market trading hours following subsequent disclosures on November 15, 2021.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing opinions do not have significant experience, resources or recognition by their peers. Many of these companies do not actually litigate class actions in securities. Be wise in choosing a lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company achieved more than $ 438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as Titan of the Plaintiff’s Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York State 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, PA