ORGN - Bragar Eagel & Squire P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Origin NAPCO and AeroVironment and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Origin Materials, Inc. (NASDAQ:ORGN), NAPCO Security Technologies, Inc. (NASDAQ:NSSC), and AeroVironment, Inc. (NASDAQ:AVAV). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Origin Materials, Inc. (NASDAQ:ORGN)
Class Period: February 23, 2023 - August 9, 2023
Lead Plaintiff Deadline: October 24, 2023
Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants misled investors by failing to disclose that (1) Origin would not be able to meet its previously announced timeline for the construction of the Origin 2 plant; (2) demand for PX had dropped such that it would not be the production focus of Origin 2; (3) Origin could not construct Origin 2 ...