The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against PureCycle Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 14, 2021 / Schall Law Firm, a national shareholder law firm, is reminding investors of a class action lawsuit against PureCycle Technologies, Inc. (“PureCycle” or “the Company”) (NASDAQ: PCT) for violating US securities laws.
Investors who acquired the Company’s securities between November 16, 2020 and May 5, 2021 inclusive (the “Class Period”) are advised to contact the Company before July 12, 2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall law firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You can also contact us on the firm’s website at www.schallfirm.com or by email at firstname.lastname@example.org.
In this case, the class has not yet been certified and you will not be represented by a lawyer until certified. If you do nothing, you can remain an absent class member.
According to the lawsuit, the company provided false and misleading information to the market. The PureCycle management team had previously floated six companies, each of which imploded shortly afterwards. The company’s motivation in going public was to secure tens of millions of dollars and tradable stocks, regardless of whether the transaction was favorable or unfavorable. The company faced intense competition for commodities that it misled investors about. The company’s patent did not have the value investors would have us believe. The company’s printing process was not yet functional on a production scale and remained dangerous. Because of these facts, the company’s public statements throughout the IPO have been false and materially misleading. When the market learned the truth about PureCycle, investors suffered damage.
Join the case to make up for your losses.
The law firm Schall represents investors worldwide and specializes in securities class actions and shareholder disputes.
The story goes on
This press release may be viewed as a solicitation in some jurisdictions under applicable law and ethical rules.
The Schall law firm
Brian Schall, Esq.,
SOURCE: The Schall law firm
View source version on accesswire.com: