Recent Security Class Actions

DermTech Inc. Common Stock (NASDAQ: DMTK)

Company Name:DermTech Inc. Common Stock
Stock Symbol:NASDAQ: DMTK
Class Period Start:03/08/2021
Class Period End (inclusive):05/04/2023
Filing Deadline:12/15/2023

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) that the Company experienced challenges with collections from commercial payors; (2) that, as a result, there was a lower average selling price for DermTech’s DMT; (3) that, as a result of the foregoing, the Company’s revenue growth would be adversely impacted; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.