Luongo v. Desktop Metal, Inc. et al

  1. September 21, 2023

    Mass. Judge Tosses Desktop Metal Securities Suit For Good

    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.

  2. April 17, 2023

    Investors Slam Desktop Metal's Exit Bid In Merger Recall Suit

    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.