Law Offices of Howard G. Smith continues its investigation on behalf of Talis Biomedical Corporation (โTalisโ or the โCompanyโ) (NASDAQ: TLIS) investors concerning the Companyโs possible violations of the federal securities laws.
On August 10, 2021, Talis reported its second quarter 2021 financial results. During the related conference call, the Company revealed that its โdevelopment timelines have been extended by delays in the launching of [Talisโ] COVID-19 test and manufacturing scale.โ
On this news, the Companyโs stock price fell $0.58, or 6%, to close at $8.39 per share on August 11, 2021, thereby injuring investors.
Then, on August 30, 2021, after the market closed, Talis announced that its Chief Executive Officer, Brian Coe, had โstepped down.โ
On this news, the Companyโs stock price fell $1.00, or 11%, to close at $8.06 per share on August 31, 2021, thereby injuring investors further.
Then, on December 8, 2021, Talis announced that Brian Blaser, who had been appointed as CEO on November 15, 2021, had stepped down from his positions.
On this news, the Companyโs stock price fell as much as 11% during intraday trading on December 8, 2021.
If you purchased Talis securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
