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Radnor, Pennsylvania, June 26, 2021 (Global News Agency) – The law firm Kessler Topaz Meltzer & Check, LLP announced that it has filed against Danimer Scientific, Inc. (NYSE code) in the U.S. District Court for the Eastern District of New York. :NMR) (“Danimer”) f/k/a Live Oak Acquisition Corp. (NYSE stock code:LOAK) (“Live Oak”) represents a person who purchases or acquires Danimer securities October 5, 2020 to May 4, 2021, Included (“Class Hours”).
Investor deadline reminder: Investors buying or acquiring Danimer securities Yes during class, No later than July 13, 2021, Seeking to be appointed as the chief plaintiff representative of the collective. For more information or to learn how to participate in this lawsuit, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; Toll-free number (844) 887-9500; info@ktmc.com; or Click on https://www.ktmc.com/danimer-scientific-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=danimer
Live Oak is a publicly traded special purpose acquisition company. In December 2020, Live Oak completed its business merger with Meredian Holdings Group, Inc. (“Meredian”) and started business under the name of Danimer Scientific (“Legacy Danimer”), a company specializing in the replacement of traditional petrochemical plastics with bioplastics High Performance Polymers Company (“Meredian”). “Business Portfolio”). After the business combination, Live Oak changed its name to “Danimer Scientific, Inc.”, changed its business to Legacy Danimer’s business, and replaced its management with Legacy Danimer’s management.
The class action period begins on October 5, 2020, when Meredian announced that it had reached a final agreement on the business combination. On December 30, 2020, Danimer issued a post-IPO press release announcing the completion of the business combination. The press release stated “[Danimer's] signature…
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