META MATERIALS ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Meta Materials Inc. and Encourages Investors to Contact the Firm – Lawyer Monthly
NEW YORK– (BUSINESS WIRE) – # Class – Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed against Meta Materials Inc. (“Meta Materials” or the “Company”) (NASDAQ: MMAT) in the United States District Court for the Eastern District of New York on behalf of all natural and legal persons, the securities of Meta Materials between the 21st “school lesson”). Investors have until March 4, 2022 to apply to the court for appointment as the lead plaintiff in the litigation.
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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.
Based on this news, the Meta share fell $ 0.18 per share, or 5.83%, to close at $ 2.91 per share on December 14, 2021, further hurting investors.
If you have bought or otherwise acquired Meta Materials securities and have suffered a loss, are a long-term shareholder, have information, want to learn more about these claims, or have questions about this release or your rights or interests in relation to these matters, please contact please email Brandon Walker or Alexandra Raymond at [email protected], call (212) 355-4648, or fill out this contact form. There are no costs or obligations for you.
About Bragar Eagle & Squire, PC:
Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. Lawyer advertising. Previous results do not guarantee similar results.
Bragar Eagle & Squire, PC
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.