ReleaseWire

DermTech, Inc. (NASDAQ:DMTK) Investor Notice: Investigation over Possible Violations of Securities Laws

An investigation for investors in DermTech, Inc. (NASDAQ:DMTK) shares over potential securities laws violations by DermTech, Inc. was announced.

Posted: Wednesday, April 19, 2023 at 11:00 AM CDT

San Diego, CA -- (SBWire) -- 04/19/2023 --DermTech, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of DermTech, Inc. (NASDAQ: DMTK), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by DermTech, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Diego, CA based DermTech, Inc., a molecular diagnostic company, develops and markets novel non-invasive genomics tests to aid in the diagnosis and management of various skin conditions, including skin cancer and inflammatory diseases in the United States. DermTech, Inc. reported that its annual Total Revenue rose from $11.83 million in 2021 to $14.51 million in 2022, and that its Net Loss increased from $78.33 million in 2021 to $116.68 million in 2022.

Shares of DermTech, Inc. (NASDAQ: DMTK) declined from over $84 per share in February 2021 to as low as $1.55 per share in late December 2022.

Those who purchased shares of DermTech, Inc. (NASDAQ: DMTK) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.