LOS ANGELES, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.
Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.
Origin Materials, Inc. (NASDAQ:ORGN)
Class Period: February 23, 2023 – August 9, 2023
Lead Plaintiff Deadline: October 24, 2023
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Origin would not be able to meet its previously announced timeline for the construction of the Origin 2 plant; (2) demand for PX had dropped such that it would not be the production focus of Origin 2; (3) Origin could not construct Origin 2 at its previously disclosed cost; (4) Origin could not construct Origin 2 at the scale it had previously identified; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you are an Origin Materials shareholder who suffered a loss, click here to participate.
Napco Security Technologies, Inc. (NASDAQ:NSSC)
Class Period: November 7, 2022 – August 18, 2023
Lead Plaintiff Deadline: October 30, 2023
The complaint filed in this class action alleges that throughout the Class Period, Defendants ...