Did you obtain (DNMR) before October 5, 2020? Johnson Fistel investigates Danimer Scientific; should management be responsible for investors’ losses? – QNT Press Release

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San Diego, July 17, 2021 /PRNewswire/ – Johnson Pfister, LLP is representing Danimer Scientific, Inc. (“Danimer” or “Company”) (NYSE stock code:NMR) Opposed to certain senior staff and directors.

Recently, on behalf of buyers who purchased Danimer securities, they filed a class action lawsuit against the company in federal court. October 5, 2020 with May 4, 2021 (“Class Hours”).

According to the lawsuit filed, during the entire class action period, the defendant made false and misleading statements and did not disclose: (1) The defendant overestimated and misreported the biodegradability and environmental protection of its Nodax products; (2) The defendant misreported Denimer’s facility scale, production capacity, actual production quantity and cost; (3) The defendant’s false statement…

The full story on Benzinga.com

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