According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- there were deficiencies in EnvisionTEC’s manufacturing and product compliance practices and procedures;
- the foregoing deficiencies presented a material risk to the commercialization of EnvisionTEC’s products; and
- as a result of the foregoing, defendants’ positive statements about Desktop Metal’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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