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LOS ANGELES, Nov. 23, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Desktop Metal, Inc. ("Desktop Metal" or "the Company") (NYSE: DM) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Desktop Metal announced an independent investigation based on internal whistleblower complaints on November 8, 2021. The investigation concerns the Company's EnvisionTec subsidiary. Following this announcement, the CEO of EnvisionTec resigned on November 15, 2021, and the Company admitted compliance issues and FDA regulatory interest in EnvisionTec shipments.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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SOURCE The Schall Law Firm