NEW YORK, NY / ACCESSWIRE / December 28, 2021 / Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds Investors that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired securities of Desktop Metal, Inc. ("Desktop" or the "Company") (NYSE:DM) between March 15, 2021 and November 15, 2021, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the District of Massachusetts and alleges violations of the Securities Exchange Act of 1934.

If you purchased or otherwise acquired Desktop securities, and/or would like to discuss your legal rights and options, please visit Desktop Metal, Inc. Shareholder Class Action Lawsuit or contact Joe Seidman toll free at (877) 779-1414 or seidman@bernlieb.com.

Desktop purports to offer additive manufacturing technologies focused on the production of end use parts. The Company's platforms include: Production System, a manufacturing platform using the Company's proprietary Single Pass Jetting technology enabling production quantities of up to millions of parts per year; Shop System, an affordable turnkey binding jetting platform to bring metal 3D printing to machine and job shops; Studio System, an office-friendly metal 3D printing system; and Fiber, a desktop 3D printer using the Company's proprietary Micro Automated Fiber Placement.

On February 16, 2021, the Company acquired EnvisionTEC, Inc. and certain of its affiliates (collectively, "EnvisionTEC"), a provider of volume production photopolymer 3D printing solutions for end use parts.

According to the complaint, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (i) there were deficiencies in EnvisionTEC's manufacturing and product compliance practices and procedures; (ii) the foregoing deficiencies presented a material risk to the commercialization of EnvisionTEC's products; and (iii) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On November 8, 2021, after the market closed, Desktop disclosed that it was conducting an internal investigation into certain matters, including "manufacturing and product compliance practices and procedures with respect to a subset of its photopolymer equipment and materials at its EnvisionTec US LLC facility." The Company also stated that the Chief Executive Officer of EnvisionTec US LLC had resigned.

On this news, the Company's stock fell $0.39, or 4%, to close at $8.81 per share on November 9, 2021.

Then, on November 15, 2021, after the market closed, the Company stated that it would notify the U.S. Food and Drug Administration FDA of "compliance issues with certain shipments of EnvisionTEC's Flexcera dental resins and its PCA4000 curing box."

On this news, the Company's stock fell $1.19, or 15%, to close at $6.83 per share on November 16, 2021, on unusually heavy trading volume.

If you wish to serve as lead plaintiff, you must move the Court no later than February 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased or otherwise acquired Desktop securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/desktopmetalinc-dm-shareholder-lawsuit-class-action-fraud-stock-471/ or contact Joe Seidman toll free at (877) 779-1414 or seidman@bernlieb.com.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information: Joe Seidman Bernstein Liebhard LLP https://www.bernlieb.com (877) 779-1414 seidman@bernlieb.com

View source version on accesswire.com: https://www.accesswire.com/679812/DESKTOP-METAL-INC-NYSEDM-SHAREHOLDER-CLASS-ACTION-ALERT-Bernstein-Liebhard-LLP-Reminds-Investors-of-the-Deadline-to-File-a-Lead-Plaintiff-Motion-in-a-Securities-Class-Action-Lawsuit-regarding-Desktop-Metal-Inc-NYSE-DM

Yahoo Finance Live's Jared Blikre examines the latest market action, in addition to reporting on Biogen undergoing acquisition negotiations by Samsung

EV stocks are being dumped as a group today, even with these three names reporting good news recently.

Wood believes we're still in a strong bull market. Take advantage.

Buffett is taking profits off the table. It might be time to do the opposite.

Losing money in the S&P 500 is never fun. But it stings all the more when everyone else is making tons on their stocks.

What happened Shares of Ocugen (NASDAQ: OCGN) were falling 5.1% as of 12:03 p.m. ET on Wednesday. The company hasn't made any announcements this week. Its stock appears to simply be continuing a slide that began in early November.

These stocks are trading near their 52-week lows but have tremendous long-term growth opportunities.

If you want to leave some stocks to your heirs, then you'll want to find companies like these that are poised to thrive for decades to come.

The rally in Victoria's Secret may just be getting started, contends JP Morgan retail analyst Matt Boss.

Shares of eponymous fuel cell stock FuelCell Energy (NASDAQ: FCEL) crashed after the Q4 earnings report this morning and are down 15.2% as of 10:25 a.m. ET. Analysts had forecast that FuelCell would lose $0.04 per share in its fiscal fourth quarter on sales of $21.9 million, but FuelCell missed on both the bottom and top lines. Its $0.07-per-share loss was nearly twice as bad as feared, while its $13.9 million in quarterly sales missed the revenue mark by nearly $8 million.

Cathie Wood's investments haven't impressed this year. But she's confident in her strategy, which includes these top growth stocks.

Wages have gone up in a lot of sectors, but the numbers vary quite a bit, according to a Pew Research report.

Shares of Lemonade (NYSE: LMND) declined 4.5% today as of market close, far more than the broader market indices dropped on the day. Lemonade stock is now down nearly 10% in the last week and has lost 64% of its value in 2021 with just days left to go until the new year. Lemonade has been a divisive stock, especially since surging in value at the start of 2021 only to quickly collapse.

The need of a robust charging infrastructure to support the growth of electric vehicles (EVs) is undisputed. What isn't as clear is which players will be instrumental in developing this infrastructure and, more importantly, whether can they do this profitably. Let's discuss which of the two top EV charging stocks, ChargePoint (NYSE: CHPT) and Blink Charging (NASDAQ: BLNK), is a better buy right now.

Nio (NYSE: NIO) has managed to make a place for itself in the domestic Chinese market. Nio has grown significantly in the seven years since its founding in November 2014. Nio's year-to-date deliveries through Nov. 30 rose 120.4% year over year.

The worst-performing Dow Jones stocks this year include Walt Disney, Verizon, Merck, Boeing and Honeywell. Disney stock and Verizon saw double-digit percentage losses while the overall Dow Jones stock index finished up 19% for the year.

Each of them truly requires a multi-year holding period to overcome their current relatively rich valuations and get the most out of them. You may not have heard the name BlackRock (NYSE: BLK), but you probably are familiar with at least one of its biggest businesses. BlackRock is the company behind the iShares family of exchange-traded funds (ETFs); it also manages traditional mutual funds and serves as the backbone for many institutional retirement plans.

Dynavax Technologies (NASDAQ: DVAX), a biotech considered by some to be a coronavirus stock, outpaced the broader market on Wednesday. On Tuesday, India's Biological E announced that its coronavirus vaccine candidate Corbevax had received approval for emergency use from that country's pharmaceutical regulator, the Drugs Controller General.

GuruFocus data shows that EVP and Optical & CC grp Loi Nguyen purchased 495 shares in Marvell Technology Inc ( NAS.MRVL) at 2:21 PM on December 28, 2021.