Rosen Law Firm Urges DermTech, Inc. Investors to Act Before Dec. 15 Deadline in Securities Class Action

NEW YORK – The Rosen Law Firm, renowned internationally for its investor rights advocacy, is issuing a reminder to investors in DermTech, Inc. DMTK, a company specializing in non-invasive genomic testing for skin cancer and other skin-related conditions. The firm encourages investors who have encountered losses during the 'Class Period' from May 3, 2022, to November 3, 2022, to consult legal counsel prior to the impending deadline of December 15, 2023. This deadline is crucial for investors wishing to serve as the lead plaintiff in the class action lawsuit lodged against DermTech.

Details of the Class Action Lawsuit

The lawsuit alleges that DermTech, Inc. DMTK made misleading statements and omitted material facts concerning its operational and compliance policies. If these allegations are proven, they would suggest that DermTech failed to disclose significant information to their investors, potentially affecting investment decisions during the specified period. As a result, investors may have seen substantial losses following revelations that countered earlier company statements.

DermTech's Business Overview

DermTech, Inc., headquartered in La Jolla, California, operates in the molecular diagnostics landscape. The company boasts innovative, non-invasive tests for detecting skin cancer, inflammatory diseases, and various conditions associated with aging. With their advanced genomic testing procedures, DermTech aims to revolutionize the way skin conditions are diagnosed, offering patients a less invasive alternative to traditional biopsy methods.

Investor Rights and Next Steps

The Rosen Law Firm emphasizes the importance of investors' rights and advises those who purchased DermTech securities and incurred losses to act promptly. The deadline for applying to be a lead plaintiff is fast approaching: December 15, 2023. The role of the lead plaintiff is not mandatory for affected shareholders, yet it is a critical position in class action lawsuits, steering the direction of litigation on behalf of all class members. Investors are encouraged to secure legal counsel to guide them through the process of potentially recovering their losses and asserting their rights within the class action framework.

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