Judge Denies Investors’ Meritless Reconsideration Bid In Stock-Drop Suit

Mealey's (July 26, 2022, 1:43 PM EDT) -- BROOKLYN, N.Y. — Ruling that lead plaintiffs in a securities class action alleging that a diagnostic testing company and others misrepresented the performance and viability of the company’s COVID-19 test have sought to relitigate issues that were resolved in a prior opinion, a federal judge in New York on July 21 denied the lead plaintiffs’ motion for reconsideration....