COVID Test-Maker Inks $6.5M Investor Deal Over Sales Slump

By Jessica Corso · August 17, 2026, 10:32 PM EDT

Co-Diagnostics Inc. has agreed to pay $6.5 million to settle an investor lawsuit accusing it of overstating the demand for its COVID-19 testing kits two years after the pandemic began....

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Documents

Case Information

Case Title

Stadium Capital LLC v. Co-Diagnostics, Inc. et al

Case Number

1:22-cv-06978

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

August 16, 2022