Chembio Investors: Class Action Lawsuit Filed To Recover Investment Losses
Chembio Diagnostics, Inc. (CEMI)
Last chembio diagnostics, inc. earnings: 3/12 04:07 pm
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US:NASDAQ Investor Relations:
chembio.com/investors/investor-relations
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Source: GlobeNewswire
Investors with losses of $1,000,000 or more are encouraged to contact the firm for a complimentary case evaluation, click here to submit your transaction information. ?LOS ANGELES, Aug. 04, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Chembio Diagnostic System, Inc. (“Chembio” or the “Company”) investors that acquired Chembio securities (NASDAQ: CEMI) between April 1, 2020 through June 16, 2020, inclusive (the "Class Period"). The complaint filed in this action alleges that defendants misled investors regarding the accuracy of the Company's Dual Path Platform ("DPP Test") COVID-19 serological point-of-care test for the detection of IgM and IgG antibodies aided in determining current or past exposure to the COVID-19 virus. The Complaint further alleges that on May 11, 2020, Defendants took advantage of Chembio's inflated stock price, and closed a public offering of approximately 2.6 million shares of Chemb
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