Nationally Recognized Shareholder Rights Attorney Timothy L. MIles
Paraquat Lawyer Timothy L. Miles of Nashville Named a 2021 Top Rated Lawyer
Nationally Recognized Shareholder Rights Attorney Timothy L. MIles
Nationally Recognized Personal Injury Attorney Timothy L. MIles Receives 2022 AV Preeminent Recognition
Nationally Recognized Securities Class Action and Shareholder Rights Attorney Timothy L. Miles Selected as Nation’s Top One Percent of Attorneys by The National Association of Distinguished Counsel
Class motion lawsuit fees Co-Diagnostics and sure of its high govt officers with violations of the Securities Exchange Act of 1934.
Co-Diagnostics, Inc. (NASDAQ:CODX)
— Timothy L. Miles
NASHVILLE, TENNESSEE, UNITED STATES, September 8, 2022 /EINPresswire.com/ — The Law Offices of Timothy L. Miles, who has been main the combat to guard shareholder rights for over 20 years, reminds buyers that a that a purchaser of Co-Diagnostics, Inc. (NASDAQ: CODX) who suffered losses in Co-Diagnostics inventory, filed a class motion grievance towards the Company for alleged violations of the Securities Exchange Act of 1934. The Co-Diagnostics class motion lawsuit seeks to characterize purchasers of Co-Diagnostics publicly traded securities between May 12, 2022 and the shut of the market on August 11, 2022 (4:00 p.m. ET), inclusive (the “Class Period”). The Co-Diagnostics class motion lawsuit is captioned Stadium Capital LLC v. Co-Diagnostics, Inc., No. 22-cv-06978 (S.D.N.Y.)
If you suffered losses in Co-Diagnostics inventory or would really like further info, please go to us right here.
Investor Who Suffered Losses in Co-Diagnostics Stock Files Uber Class Action Lawsuit
On April 6, 2020, Co-Diagnostics introduced that it had obtained an Emergency Use Authorization for its Logix Smart™ COVID-19 detection take a look at from the U.S. Food and Drug Administration, permitting it to start gross sales of the take a look at to laboratories licensed by the Center for Medicare and Medicaid Services underneath the Clinical Laboratories Improvements Act to just accept human samples for diagnostics testing all through the United States.
The Co-Diagnostics class motion lawsuit alleges that defendants did not disclose that: (i) demand for its Logix Smart™ COVID-19 take a look at had plummeted all through the quarter ended June 30, 2022, and (ii) as a end result, defendants’ constructive statements concerning the demand for its Logix Smart™ COVID-19 take a look at lacked a cheap foundation.
On August 11, 2022, Co-Diagnostics disclosed its monetary outcomes for the quarter ended June 30, 2022, by which Co-Diagnostics revealed income of $5.0 million for the quarter ended June 30, 2022, down from $27.4 million in the course of the prior 12 months interval, a decline of virtually 82%. Co-Diagnostics primarily attributed the lower to decrease demand of the Logix Smart™ COVID-19 take a look at. On this information, the worth of Co-Diagnostics frequent inventory declined by greater than 30%, damaging buyers.
Co-Diagnostics Shareholders Urged to Contact the Firm
If you bought Co-Diagnostics securities, have info, or have any questions regarding this announcement or your rights or pursuits with respect to those issues, please click on right here for extra info or contact Timothy L. Miles, Esquire, at 615-587-7384, Toll-Free at 855-846-6529, or by e-mail to [email protected]. If you inquire by e-mail please embody your mailing handle, phone quantity, and the quantity shares owned.
About Timothy L. Miles
Timothy L. Miles is a nationally acknowledged shareholder rights legal professional raised in Nashville, Tennessee. Mr. Miles was recentely chosen by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer and a 2022 Top Rated Litigator. Mr. Miles additionally maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest score for each authorized means and ethics. Mr. Miles is a member of the celebrated Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a very good rated legal professional by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and acknowledged as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019).
Awards: Top Rated Litigator by Martindale-Hubbell® and ALM (2019); 2019 Elite Lawyer of The South by Martindale-Hubbell® and ALM (2019); Member of the Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association (2017-2019); AV® Preeminent™ Rating by Martindale-Hubble® (2014-2020); PRR AV Preeminent Rating on Lawyers.com (2017 & 2019); The Top-Rated Lawyer in Litigation™ for Ethical Standards and Legal Ability (Martindale-Hubble® 2015); Lifetime Achievement Award by Premier Lawyers of America (2019); Superb Rated Attorney (Avvo); Avvo Top Rated Lawyer for (Avvo 2017-2020). Mr. Miles has authored quite a few publications advocating for shareholdings together with most lately: Free Portfolio Monitoring Services Offered by Plaintiff Securities Firms Provides Significant Benefits To Investors (Timothy L. Miles, Dec. 3, 2019).
Contact:
Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
109 Summit Ridge Ct.
Nashville, TN 37215
Telephone: (855-846-6529)
Email: [email protected] Website: www.classactionlawyertn.com
Timothy Miles
Law Offices Of Timothy L. Miles
+1 855-846-6529
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Timothy Miles
Law Offices Of Timothy L. Miles
+1 855-846-6529
e-mail us right here
Visit us on social media:
Facebook
Twitter
LinkedIn
Other
Timothy Miles
Law Offices Of Timothy L. Miles
+1 855-846-6529
e-mail us right here
Visit us on social media:
Facebook
Twitter
LinkedIn
Other
Timothy Miles
Law Offices Of Timothy L. Miles
+1 855-846-6529
e-mail us right here
Visit us on social media:
Facebook
Twitter
LinkedIn
Other
Timothy Miles
Law Offices Of Timothy L. Miles
+1 855-846-6529
e-mail us right here
Visit us on social media:
Facebook
Twitter
LinkedIn
Timothy L. Miles
Law Offices Of Timothy L. Miles
+1 855-846-6529
e-mail us right here
Visit us on social media:
Facebook
Twitter
LinkedIn
Other
THE LAW OFFICES OF TIMOTHYY L. MILES; ACCOLADES, HONER AND RECOGNITIONS
