PCT - PureCycle Technologies (PCT) Faces Lawsuit for Possible Disclosure Violations - Hagens Berman | Benzinga

SAN FRANCISCO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges PureCycle Technologies, Inc. (NASDAQ:PCT) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.

Class Period: Aug. 8, 2023 – Sept. 13, 2023
Lead Plaintiff Deadline: Nov. 28, 2023
Email PCT@hbsslaw.com or call 844-916-0895

PureCycle Technologies, Inc. (NASDAQ:PCT) Securities Fraud Class Action:

The litigation focuses on PureCycle's disclosures about the operation of its first commercial-scale recycled pellet production facility in Lawrence County, Ohio (the "Ironton facility").

More specifically, during Aug. 8 – Aug. 9, 2023, PureCycle assured investors that "the commissioning of Ironton is progressing well," "Ironton is operational" and "Ironton is running and raising production rates every day."

The complaint alleges that PureCycle made false and misleading statements and failed to disclose that: (1) the Ironton facility experienced a full plant power outage on Aug. 7, 2023; and (2) ...

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