LICY - HAGENS BERMAN Alerts Li-Cycle Holdings (LICY) Investors to Securities Fraud Lawsuit over Misleading Investors Encourages Investors with Substantial Losses to Contact Firm's Attorneys | Benzinga
SAN FRANCISCO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Li-Cycle Holdings Corp. (NYSE:LICY) investors who suffered substantial losses to submit your losses now.
Class Period: June 14, 2022 – Oct. 23, 2023
Lead Plaintiff Deadline: Jan. 8, 2024
Visit: www.hbsslaw.com/investor-fraud/LICY
Contact An Attorney Now: LICY@hbsslaw.com
844-916-0895
Li-Cycle Holdings Corp. (NYSE:LICY) Securities Fraud Class Action:
The litigation focuses on Li-Cycle's s statements concerning its development of the first commercial hydrometallurgical resource recovery facility in North America (the "Rochester Hub").
The complaint alleges that Li-Cycle mispresented and concealed that: (1) the Rochester Hub was experiencing escalating construction costs; (2) these escalating costs exceeded the expected aggregate cost of the project; and (3) as a result, the company would be forced to temporarily halt construction and reevaluate the Rochester Hub construction strategy.
Investors learned the truth on Oct. 23, 2023, when Li-Cycle announced that it would halt construction at the Rochester Hub pending a ...
LICY) Investors to Securities Fraud Lawsuit over Misleading Investors, Encourages Investors with Substantial Losses to Contact Firm's Attorneys>Full story available on Benzinga.com