GlobeNewswire Inc | Jul 24, 2020 11:22AM EDT

July 24, 2020

NEW YORK, July 24, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Co-Diagnostics, Inc. (NASDAQ: CODX) between February 25, 2020 and May 15, 2020, inclusive (the Class Period). The lawsuit seeks to recover damages for investors under the federal securities laws.

If you wish to serve as lead plaintiff, you must move the Court no later than August 17, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

To join the class action, http://zhanginvestorlaw.com/join-action-form/?slug=co-diagnostics-inc&id=2298 call Sophie Zhang, Esq. toll-free at 800-991-3756 or emailinfo@zhanginvestorlaw.comfor information on the class action.

http://zhanginvestorlaw.com/join-action-form/?slug=co-diagnostics-inc&id=2298.

According to the lawsuit, throughout the Class Period, Defendants made continual, knowing and willful misstatements about their main product, a COVID-19 diagnostic test, to pump up the price of Co-Diagnostics, Inc.s stock while the officers and directors exercised low priced options and dumped their stock into the market. Their fraudulent misstatements, and disregard for the basic scientific principles that make their falsity of their statements clear in retrospect, caused investors to lose millions of dollars.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C. 99 Wall Street, Suite 232 New York, New York 10005info@zhanginvestorlaw.com tel: (800) 991-3756