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home / news releases / DNMR - DEADLINE TODAY - Shareholder Rights Firm Labaton Sucharow is Investigating Danimer Scientific Inc. (NYSE:DNMR) for Potential Securities Violations and Breach of Fiduciary Duty


DNMR - DEADLINE TODAY - Shareholder Rights Firm Labaton Sucharow is Investigating Danimer Scientific Inc. (NYSE:DNMR) for Potential Securities Violations and Breach of Fiduciary Duty

NEW YORK, NY / ACCESSWIRE / July 13, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against Danimer Scientific, Inc. ('Danimer' or 'the Company') (NYSE:DNMR).

Investors who purchased the Company's securities between October 5, 2020 and May 4, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before July 13, 2021.

According to the Complaint, Danimer made false and misleading statements to the market. The Company failed to maintain effective internal controls, mischaracterized the size of its operations and its regulatory compliance, and overstated the biodegradability of its Nodax product in both landfills and the ocean. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Danimer, investors suffered damages.

If you currently own stock or options in Danimer Scientific, Inc. and want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.

CONTACT:

David J. Schwartz
(800) 321-0476
david@labaton.com

SOURCE: Labaton Sucharow LLP



View source version on accesswire.com:
https://www.accesswire.com/655336/DEADLINE-TODAY--Shareholder-Rights-Firm-Labaton-Sucharow-is-Investigating-Danimer-Scientific-Inc-NYSEDNMR-for-Potential-Securities-Violations-and-Breach-of-Fiduciary-Duty

Stock Information

Company Name: Danimer Scientific Inc.
Stock Symbol: DNMR
Market: NYSE
Website: danimerscientific.com

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