|Company Name||PolarityTE, Inc.|
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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