LICY - Li-Cycle Holdings (LICY) Sued for Misrepresenting True Cost of Rochester Hub- Hagens Berman | Benzinga
SAN FRANCISCO, Nov. 16, 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
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844-916-0895
Li-Cycle Holdings Corp. (NYSE:LICY) Securities Fraud Class Action:
The litigation focuses on Li-Cycle's assurances concerning its development of the first commercial hydrometallurgical resource recovery facility in North America (the "Rochester Hub").
More specifically, during the Class Period, Li-Cycle has repeatedly said the Rochester Hub was "on track" for both project budget and schedule to commence commissioning in late 2023.
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 ...
LICY) Sued for Misrepresenting True Cost of Rochester Hub- Hagens Berman>Full story available on Benzinga.com