In re Chembio Diagnostics, Inc. Securities Litigation

  1. April 25, 2023

    COVID-19 Test Maker Investors Seek Final OK For $8.1M Deal

    Investors in Chembio Diagnostics Inc., a company that sold now-revoked COVID-19 tests, have asked a New York federal court to give a final OK to an $8.1 million deal to end a lawsuit alleging that shareholders were harmed when the company's tests were taken off the market after being deemed ineffective by the U.S. Food and Drug Administration.

  2. August 18, 2020

    8 Firms Bid To Lead Stock Suit Over Revoked COVID-19 Test

    Lowenstein Sandler LLP and Robbins Geller Rudman & Dowd LLP appear to be leading the fight to helm a putative securities class action against a diagnostics company that had its COVID-19 antibody test revoked by the U.S. Food and Drug Administration.

  3. June 19, 2020

    Diagnostics Co. Sued After COVID-19 Test Revoked By FDA

    Chembio Diagnostics Inc., a point-of-care diagnostics company that saw its stock price explode in the early stages of the coronavirus pandemic, was sued Thursday after authorization for its COVID-19 antibody test was revoked by the U.S. Food and Drug Administration.

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