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Decision Diagnostics Saga Continues As Investors Bring Suit - Corporate/Commercial Law

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In December, the SEC filed a
complaint against Decision Diagnostics and its CEO, Keith
Berman, for falsely claiming the company had developed a finger
prick blood test that could instantaneously detect COVID-19.
As stated in its complaint, the SEC temporarily suspended trading
of Decision Diagnostics securities on April 23, 2020.
Now, investors have brought
suit as well. Three institutional investors
claim the company – which was already in financial
distress as a result of
alleged misappropriations by Berman – falsely
disclosed it was developing an at-home COVID-19 test nearing ....

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Health Care Enforcement Update: Covid-19 Fraud Cases Brought By DOJ And Private Plaintiffs | Mintz - Health Care Viewpoints

Health Care Enforcement Update: Covid-19 Fraud Cases Brought By DOJ And Private Plaintiffs | Mintz - Health Care Viewpoints
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Covid-19 Fraud Cases Brought By DOJ And Private Plaintiffs

Covid-19 Fraud Cases Brought By DOJ And Private Plaintiffs
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Decision Diagnostics Saga Continues as Investors Bring Suit | Proskauer - Corporate Defense and Disputes

Decision Diagnostics Saga Continues as Investors Bring Suit | Proskauer - Corporate Defense and Disputes
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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Decision Diagnostics Corporation of Class Action Lawsuit and Upcoming Deadline

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NEW YORK, March 12, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Decision Diagnostics Corporation ( Decision Diagnostics or the Company ) (OTCMKTS: DECN) and certain of its officers. The class action, filed in United States District Court for the Central District of California, and docketed under 21-cv-00418, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Decision Diagnostics securities between March 3, 2020 and December 17, 2020, both dates inclusive (the Class Period ), seeking to recover damages caused by Defendants violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act ) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. ....

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