/PRNewswire/ Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming July 13, 2021 deadline to file a lead plaintiff motion in the class.
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NEW YORK, May 25, 2021 /PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Danimer Scientific, Inc. ( Danimer or the Company )(NYSE:DNMR) and certain of its officers and directors. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 21-cv-02708, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Danimer securities between December 30, 2020 and March 19, 2021, both dates inclusive (the Class Period ), seeking to recover damages caused by Defendants violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act ) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Danimer Scientific, Inc of Class Action Lawsuit and Upcoming Deadline yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Danimer Scientific, Inc. ("Danimer" or the "Company")(NYSE: DNMR).
Image: Vlad Chorniy/Adobe Stock The inquiry was prompted by a short-selling activist who informed Kentucky regulators that Danimer did not tell investors it is subject to environmental regulations, which can be costly.
Reuters reported on May 21 that Kentucky’s state securities regulator is investigating plant-based plastics manufacturer Danimer Scientific after a financial investigator told the office that the new public company failed to make certain material disclosures.
The Securities Division of the Kentucky Department of Financial Institutions wrote in a letter on May 17, accessed by Reuters, that it “has opened a formal investigation into the matter.”
The letter was addressed to short-selling activist Ben Axler, whose firm Spruce Point Capital conducts forensic financial investigations. Axler told Reuters he had “approached the Kentucky regulator in early May to say that Danimer did not tell investors that it is subject to environmental re