September 21, 2023
A Massachusetts federal judge has permanently tossed a proposed securities suit claiming 3D printing company Desktop Metal Inc. and its executives misled investors about a flagship product that was ultimately recalled, finding that the suit failed to plead any actionable misleading statements or that the executives knowingly deceived the investors.
April 17, 2023
A proposed class of Desktop Metal Inc. investors told a Massachusetts federal court that their lawsuit should move forward because they were deceived when the 3D printing company acquired dental business EnvisionTEC under fraudulent pretenses with a flagship product that was ultimately recalled.