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Device Exec Charged With COVID-19 Securities Fraud

 
• By Elizabeth Orr

The CEO allegedly falsely told investors that the company was closing in on FDA clearance for a rapid-detection COVID-19 test.

Lady justice, themis, statue of justice on books background.

A diagnostics company executive is facing federal fraud charges for allegedly bilking investors out of millions by falsely stating that the company was developing a breakthrough test for COVID-19, the US Department of Justice announced recently.

Keith Berman, CEO of Decision Diagnostics Inc., was charged with one count of securities fraud and one count of making...

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