PURECYCLE INVESTOR ALERT: Class Action Lawsuit Filed | 2021-05-15 | Press Releases

Boston, Massachusetts – (Newsfile Corp. – May 15, 2021) – Law firm Thornton advises investors that a class action lawsuit has been filed on behalf of all buyers of the publicly traded securities of PureCycle (NASDAQ: PCT) or Roth CH in Acquisition I Co. (“ROCH”) between November 16, 2020 and May 5, 2021 inclusive. The case is currently in the lead plaintiff stage. Investors can contact the Thornton law firm’s investor protection team at www.tenlaw.com/cases/PureCycle for more information. Investors can also email investors@tenlaw.com or call 617-531-3917.

More information: www.tenlaw.com/cases/PureCycle

In the case, it is alleged that PureCycle and its officers have made misleading statements to investors and have failed to disclose that: (i) the Procter & Gamble licensed PureCycle technology has not been proven and poses serious problems even on a laboratory scale; (ii) the challenges arising from the availability and competition for the raw materials necessary to commercialize the licensed technology are significant; and (iii) PureCycle’s financial guidance is unfounded.

Interested PureCycle investors have until July 12, 2021 to seek advice and apply as the lead plaintiff if they are interested. A lead plaintiff is acting on behalf of all other members of the investor class in administering the class action. Investors do not have to be a lead plaintiff to be a class member. If investors fail to take action, they can remain an absent class member. The class has not yet been certified. Investors will not be represented by a lawyer until certification. Thornton law firm is not currently representing a plaintiff who has filed a complaint, but is investigating the case on behalf of investors interested in becoming lead plaintiffs.

More information: www.tenlaw.com/cases/PureCycle

Thornton’s securities attorneys have extensive experience representing investors in recovering damages caused by violations of securities laws. The attorneys have a track record of litigation in securities in courts across the country and in recovering losses on behalf of investors. This can be seen as a lawyer promotion in some countries. Past results do not guarantee or forecast a similar result with respect to future matters.


Law firm Thornton LLP

1 Lincoln Street

State Street Financial Center

Boston, MA 02111


The source version of this press release can be found at https://www.newsfilecorp.com/release/84133

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