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New York, May 15, 2021 (Global News)- why: Rosen Law Firm, a global investor rights law firm, announced the filing of a class action lawsuit on behalf of the following companies: (i) the purchase of PureCycle Technologies, Inc. (NASDAQ:PCT) Between November 16, 2020 and May 5, 2021 (inclusive); (ii) Shareholders who have the right to participate in the voting on March 16, 2021 on the merger with PureCycle on Ross Bank’s acquisition of all shares of Company I Holder (“Class Period”). A class action lawsuit has been filed.If you want to be the lead plaintiff, you must move the court No later than July 12, 2021
So: If you purchased PureCycle securities during class, you may be entitled to compensation without having to pay any ready-made fees or costs through contingency fee arrangements.
What to do next: To join the PureCycle action, go to http://www.rosenlegal.com/cases-register-2089.html Or call Phillip Kim, Esq.Toll free 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com Information about class actions. A class action lawsuit has been filed.If you want to be the lead plaintiff, you must move the court No later than July 12, 2021. The lead plaintiff is the representative party in guiding the litigation on behalf of other class members.
Why Rosen Law: We encourage investors to choose qualified lawyers with successful leadership experience. Often, the company issuing the notice does not have comparable experience or resources. Lawson Law Firm represents global investors and is mainly engaged in securities class actions and shareholder derivatives litigation. Rosen Law Firm has completed the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked number one by ISS Securities Class Litigation Service in the 2017 ISS class action lawsuit. The firm has been in the top four each year since 2013 and has recovered hundreds of millions of dollars in earnings for investors. In 2019 alone, the company received more than $438 million in funding for investors. In 2020, the founding partner Laurence Rosen was named the Titan of the Plaintiff’s Bar by law360. Many of the company’s lawyers have been accredited by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, during the entire class, the defendant made false and/or misleading statements and/or failed to disclose the following information: (1) The management team that made PureCycle publicly listed had previously convened six other failed commercial listings, but since then Each broke. (2) In the past, the management team that made the public sale of PureCycle once regarded ranking speculation as a financial forecast for investors; (3) The main motivation of the management team for the public sale of PureCycle was to complete any transaction (for better or worse) in order to obtain tens of millions U.S. dollar cash and outstanding shares; (4) PureCycle’s competition for high-quality raw materials is fiercer than investors think, which seriously damages the financial forecast of the management team; (5) PureCycle’s patents are far from what investors believe So persuasive or valuable, and the technology on which its business operations are based is unproven, and there are serious problems even on the laboratory scale; (6) In fact, PureCycle’s flammable pressurization process has not yet worked, especially (7) Although there are still operational problems on the laboratory scale, PureCycle claims to be on the scale of commercial production; (8) As a result, the defendant was concerned about PureCycle’s business performance, financial and financial performance during class. Positive statements about operating indicators and financial prospects are false and misleading, and/or lack a reasonable basis. When the real details entered the market, the lawsuit claimed that investors suffered losses.
To join the PureCycle action, go to http://www.rosenlegal.com/cases-register-2089.html Or call Phillip Kim, Esq.Toll free 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com Information about class actions.
No courses are accredited. Until the course is certified, you will not be represented by a lawyer unless you retain a lawyer. You can choose the lawyer of your choice. You may also be absent and do nothing at this time. The ability of investors to share potential future earnings does not depend on acting as the main plaintiff.
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Lawyer advertisement. The previous results cannot guarantee similar results.
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Contact information:
Laurence Rosen, Esq.
Phillip Kim
Lawson Law Firm of Pennsylvania
40th Floor, 275 Madison Avenue
New York, New York 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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