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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Danimer Scientific, Inc of Class Action Lawsuit and Upcoming Deadline - DNMR
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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Danimer Scientific, Inc of Class Action Lawsuit and Upcoming Deadline
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The Law Offices of Frank R Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Danimer Scientific Inc (DNMR)
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The Wall Street Journal published an article entitled Plastic Straws That Quickly Biodegrade in the Ocean, Not Quite, Scientists Say addressing, among other things, Danimer s claims that Nodax, a plant-based plastic that Danimer markets, breaks down far more quickly than fossil-fuel plastics.
The article alleged that according to several experts on biodegradable plastics, many claims about Nodax are exaggerated and misleading. According to the article, Jason Locklin, the expert who co-authored the study touted by Danimer as validating its material, stated that Danimer s marketing is sensationalized and that making broad claims about Nodax s biodegradability is not accurate and is greenwashing.