6 questions are answered about the class action against dermtech

If you suffered losses in DermTech stock, contact DermTech stock loss lawyer Timothy L. Miles about a DermTech class action lawsuit

introduction to the class action against DermTech

The class action against DermTech seeks to represent purchasers or acquirers of DermTech, Inc. (NASDAQ: DMTK) securities between May 3, 2022 and November 3, 2022, inclusive (the “Class Period”).  Captioned Bagheri v. DermTech, Inc., No. 23-cv-01885 (S.D. Cal.), the class action against DermTech charges DermTech and certain of its top current and former executive officers with violations of the Securities Exchange Act of 1934.
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If you suffered losses in DermTech stock and wish to serve as lead plaintiff in the class action against DermTech, please contact DermTech Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the class action against DermTech must be filed with the court no later than December 15, 2023.

Continue on to learn the answers to the six most frequently asked questions that DermTech investors have about the class action against DermTech.

WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE class action against DermTech?

Serving as a Lead Plaintiff in the class action against DermTech has several advantages and important benefits including:

• A Lead Plaintiff is able to negotiate more competitive attorney fees and reduce other litigation costs by actively monitoring the class counsel.
• Lead Plaintiff has the benefit of being able to manage the litigation primarily by overseeing and monitoring the progress of the action and the efforts of counsel, and being able to review and comment on important filings and other documents pertaining to the prosecution of the action.
• There is no financial risk in serving as a Lead Plaintiff because Lead Counsel advances all costs and expenses incurred it the prosecution of the case and will be reimbursed only if there is a successful settlement or judgment recovery on behalf of the class.
• Lead Plaintiff has the benefit involved and active in all negotiations relating to any settlement.
• Lead Plaintiffs that continue owning the stock of the defendant will enjoy the long-term benefits from governance reform resulting from the litigation. 

Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against DermTech if you suffered losses in DermTech​ stock. ​

WHAT RESPONSIBILITIES WILL THE LEAD PLAINTIFF HAVE IN THE class action against DermTech?

​A Lead Plaintiff owes a fiduciary duty to the class, and therefore, must act in the best interest of the class in the class action against DermTech.  Some of the responsibilities of the Lead Plaintiff in the class action against DermTech include:

• Selecting, monitoring, and overseeing Lead Counsel.
• Reviewing and commenting on court filings on behalf of the class.
• Discussing litigation strategies with the Lead Counsel.
• Attending depositions (if necessary) and giving a deposition.
• Attending hearings (if necessary).
• Participating in mediation and the trial (if necessary).
• Provide input on any decision concerning the settlement of the securities class action.

CAN THE COURT APPOINT MORE THAN ONE LEAD PLAINTIFF IN THE class action against DermTech?

​​Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs to oversee the class action against DermTech.

HOW WAS THE CLASS PERIOD DETERMINED IN THE class action against DermTech?

In a securities fraud class action, the class period refers to a period of time in which it is alleged the price of the company’s stock was artificially inflated due to false and misleading statements made by company executives.  The class period starts when the company makes an untrue statement of material fact about the company or fails to disclose a material fact necessary to render other statements not misleading.  The class period ends when the truth is revealed to the investing public through a corrective disclosure.  
 
In order to be a part of the class in the class action against DermTech, you must have suffered losses in DermTech stock by purchasing during the class period when it is alleged the price of the stock was artificially inflated to be included in the class action against DermTech​.  

CAN I SELL MY STOCK AND STILL BE A MEMBER OF THE CLASS IN THE class action against DermTech?

​Yes. There is no requirement for you to retain ownership of the stock after the class period has expired to participate in the class action against DermTech.

WHAT IF I MISS THE LEAD PLAINTIFF DEADLINE IN the class action against DermTech?

​​​If you purchased shares during the class period and suffered losses in suffered losses in DermTech stock, then you will automatically be a class member and entitled to share in any potential settlement or recovery.  Your ability to be a class member and recover your losses is not dependent on you serving as a lead plaintiff. The sixty-day deadline applies only to those shareholders seeking to be a lead plaintiff in the class action against DermTech.

CONTACT A DERMTECH STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN DERMTECH STOCK ABOUT A class action against DermTech

​If you suffered losses in DermTech stock, contact DermTech stock loss lawyer Timothy L. Miles today for a free case evaluation about a class action against DermTech. Call today and see what a DermTech stock loss lawyer could do for you if you suffered losses in DermTech​ stock.

DermTech stock loss lawyer Timothy L. Miles

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator, and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, Class Action:  Class Action: Top 100 National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM  (2019-2022); America's Most Honored Lawyers 2020; Top 1% by America's Most Honored (2020-2022).  Mr. Miles has published over three hundred articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more.  Please visit our website or Resources center and call for free anytime.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846-6529