PCT - PURECYCLE STOCK ALERT: Don't Miss the Lead Plaintiff Deadline in the PCT Class Action Contact Robbins LLP Today | Benzinga
SAN DIEGO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired PureCycle Technologies, Inc. (NASDAQ:PCT) securities between August 8, 2023 and September 13, 2023. PureCycle claims it is commercializing a patented purification recycling technology, originally developed by The Procter & Gamble Company ("P&G"), for restoring waste polypropylene into resin with near-virgin characteristics, called ultra-pure recycled resin.
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What is this Case About: PureCycle Technologies, Inc. (PCT) Failed to Inform Investors its FlatIron Facility Experienced a Power Outage
According to the complaint, in early 2023, PureCycle claimed that it was finalizing construction and commissioning at its first commercial scale recycling facility (the "Ironton Facility"). On September 13, ...