Company name PolarityTE, Inc.
Stock symbol PTE
Status Under Investigation

NEW YORK, February 18, 2020 –Bragar Eagel & Squire is investigating certain officers and directors of PolarityTE, Inc. (NASDAQ: PTE) following a class action complaint filed against PolarityTE on June 26, 2018.

The complaint alleges that on June 25, 2018, Citron Research (“Citron”) issued a report in which Citron detailed the company’s track record of material misrepresentations, misstatements, and omissions pertaining to the status of a key patent application. The Citron report noted that as far back as March 31, 2017, the USPTO notified the company of its non-final rejection of patent #14/954,335. Citron’s report continued to highlight the company’s subsequent failure to disclose the patent’s non-final rejection status and its continued behavior of representing the technology linked to the patent in a positive light. The report also pointed to the USPTO’s final rejection of the patent on June 4, 2018 information that the company also failed to disclose.

On this news, PolarityTE stock plunged more than 34%.

If you are a long term stockholder of PolarityTE securities, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato or Marion Passmore by email at investigations@bespc.com, or telephone at (646) 860-9156, or by filling out the contact form below. There is no cost or obligation to you.

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The submission of this form does not create an attorney-client relationship, nor any obligation on the part of Bragar Eagel & Squire, P.C., or you to file a legal action. Any information you submit will be maintained as confidential. If Bragar Eagel & Squire, P.C., in its sole discretion, believes that you might be an appropriate class representative, Bragar Eagel & Squire, P.C., will contact you to discuss the matter and to determine whether to establish an attorney client relationship.