FAIRNESS ALERT: Rosen Law Firm Encourages Loss-Affecting Piedmont Lithium Inc. Investors to Learn About Class Action Investigation – PLL
NEW YORK–(COMMERCIAL THREAD) –WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Piedmont Lithium Inc. (NASDAQ: PLL) arising from allegations that Piedmont could have provided misleading marketing information to the investing public.
SO WHAT: If you have purchased securities from Piedmont, you may be entitled to compensation without payment of any fees or additional charges through a contingency fee agreement. Rosen law firm is preparing class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the potential class action lawsuit, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing firstname.lastname@example.org or email@example.com for information on the class action.
WHAT DOES IT TALK ABOUT: July 20, 2021, Reuters published an article titled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reports that Piedmont “did not apply for a state mining permit or necessary zoning exemption in Gaston County, just in the west of Charlotte, despite announcing to investors since 2018 that it was set to do so. The article also stated that “[f]five of the seven members of the county commissioners’ council, who control zoning changes, say they could block or delay the project because Piedmont has not told them what levels of dust, noise and vibration will occur, nor how water and air quality would be affected[,]”And quoted the president of the council of commissioners as saying that” Piedmont has somehow put the proverbial cart before the horse[.]”
The article further stated that “[s]state officials added that their review process could span over a year as they seek comments from at least six other state and federal agencies[,]And quoted the director of the Gaston County Planning and Zoning Office as saying “I won’t even accept a rezoning application from Piedmont until they have their state permits in hand.”[.]”
On this news, Piedmont’s stock price fell sharply during intraday trading on July 20, 2021, hurting investors.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing opinions do not have significant experience, resources or recognition by their peers. Be wise in choosing the right lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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