EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. – MMAT, MMTLP, TRCH | News

NEW YORK – (BUSINESS WIRE) – Nov. January 2022–

Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action (OTC : MMTLP) between September 21, 2020 and December 14, 2021, both dates inclusive (the “Class Period”). The lawsuit aims to reimburse the meta-investors for damages in accordance with federal securities laws.

To participate in the meta class action, go to http://www.rosenlegal.com/cases-register-2224.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] or [email protected] for information about the class action.

According to the lawsuit, throughout the class action period, defendants made false and / or misleading information and / or failed to disclose: (1) The combination of Torchlight Energy Resources, Inc. and Metamaterial Inc. would result in an SEC investigation and a Subpoena headed the matter, In the Matter of Torchlight Energy Resources, Inc .; (2) the company has significantly overestimated its business relationships and transactions; (3) the company has significantly overestimated its ability to manufacture and commercialize its products; (4) the company has significantly overestimated the novelty and capabilities of its products; (5) the company’s products had no potential for interference because, among other things, the company had overestimated the prices of its products; and (6) as a result, Defendants’ public statements were, at all relevant times, materially false and / or misleading. When the real details hit the market, the lawsuit claims that investors have suffered damage.

A class action lawsuit has already been filed. If you want to serve as the lead plaintiff, you must call the court no later than March 4, 2022. A lead plaintiff is a representative party who acts on behalf of other class members in conducting the dispute. To join the litigation visit http://www.rosenlegal.com/cases-register-2224.html or to discuss your rights or interests in relation to this class action lawsuit please contact Phillip Kim, Esq . the law firm Rosen free of charge at 866-767-3653 or by email at [email protected] or [email protected].

NO CLASS HAS BEEN CERTIFIED IN THE ABOVE PROMOTION. UNTIL A CLASS HAS BEEN CERTIFIED YOU WILL NOT BE REPRESENTED BY AN ADVISOR UNLESS YOU KEEP ONE. YOU MAY KEEP ADVISERS OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. THE ABILITY OF AN INVESTOR TO PARTICIPATE IN ANY FUTURE RECOVERY IS NOT DEPENDENT ON SERVING AS THE LEAD PLAIN.

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Rosen Law Firm represents investors around the world and focuses its practice on securities class actions and shareholder derivatives. Rosen Law Firm was ranked # 1 by ISS Securities Class Action Services for 2017 number of securities class action settlements. The firm has been ranked in the top 4 every year since 2013 against a Chinese company. Rosen Law Firm attorneys are rated and recognized by numerous independent and reputable sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220103005273/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen, PA law firm

275 Madison Avenue, 40th floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

[email protected]

[email protected]

www.rosenlegal.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL SERVICES

SOURCE: Rosen Law Office

Copyright Business Wire 2022.

PUB: 1/3/2022 10:56 AM / DISC: 1/3/2022 10:56 AM

http://www.businesswire.com/news/home/20220103005273/en

Copyright Business Wire 2022.

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