{"id":386358,"date":"2020-11-22T02:32:24","date_gmt":"2020-11-22T07:32:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386358"},"modified":"2020-11-22T02:32:24","modified_gmt":"2020-11-22T07:32:24","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. &#8211; LOOP"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Nov.  22, 2020  (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of Loop Industries, Inc. (\u201cLoop\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0LOOP).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bNMa5TJDA-Mxxr2LStyEOsLvKusUBC9S2rV3HsEQytd_kcfVnwAycsbk6cWmMVmhFClqDpT9kvUQ-RqyBXCuMMPzVOK5YcE76u3CtJiWAjQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>newaction@pomlaw.com<\/u><\/a> or 888-476-6529, ext. 7980.<\/p>\n<p align=\"justify\">The investigation concerns whether Loop and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CZDSojjKtkDkuvFEmGNYM8p5eM7kBJxLUIs7Xi9ZeRhhDqip5X-tNvbRmiXX8z7mDND3AVolvPg5cqy5fwB1Cxfa7oP3O3kZnEf3gebSenLUv5hVJDLhRRQLr_xwwcsq1ZufcoMywg0hAwZxvxWyPvbtuEdaDnbCyYA-9BcLNMg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>[Click here for information about joining the class action]<\/u><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p align=\"justify\">On October 13, 2020, Hindenburg Research (\u201cHindenburg\u201d) published a report entitled \u201cLoop Industries: Former Employees and Plastics Experts Blow The Whistle On This \u2018Recycled\u2019 Smoke And Mirrors Show\u201d.\u00a0 Citing a months-long investigation that \u201cincluded speaking with multiple former employees, company partners, polymer\/plastic experts, and competitors,\u201d the Hindenburg report characterized Loop\u2019s \u201cclaimed breakthroughs in PET [polyethylene terephthalate] plastic recycling\u201d as \u201cfiction\u201d.\u00a0 The Hindenburg Report described former employees as \u201cpaint[ing] a picture of a chaotic company whose lead scientists are twenty-something \u2018liars\u2019 with no relevant work experience other than Loop\u201d and asserted that \u201c[o]ur \u00a0investigation points to one conclusion: in the words of a former Loop employee, we simply \u2018don&#8217;t really think they have the technology.\u2019\u201d\u00a0<\/p>\n<p align=\"justify\">On this news, Loop\u2019s stock price fell sharply during intraday trading on October 13, 2020.<\/p>\n<p align=\"justify\">The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IW0C9L8w60iLuvusjPuHbS3o12v76jcN_i_xRYJvIGyJ6MsYCHYao2Mz20S_l4CrnWRaU_TWgPN6U69TUCNgX9FNmroFRKTcJYmEYwdlUXg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.pomerantzlaw.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>CONTACT:<br \/><\/strong>Robert S. Willoughby<br \/>Pomerantz LLP<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9MS3OKy8gxRuuYy4YngUd6kumqe9fY2iqAZFuZUBhHJLYHy2ihSHqCZTqAv_Hstc_hGdKcvQmiVZKdQpTDTAmbLTZ6gv3-OVDYgjGU0aowE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>rswilloughby@pomlaw.com<\/u><\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JaBZDSIUm-Ip7WBGmXCsBAQK0bwVX0Ei_P96oBtAi0x6IdT-gKzcEGW9UB8yKkjPxhgNb6dx69poC9P6aSWjTw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/><\/a>888-476-6529 ext. 7980<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDMzNCMzODM4ODE0IzIwMTc2NDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7fed3e4f-074e-4282-b357-fdebd7c9e87c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 22, 2020 (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of Loop Industries, Inc. (\u201cLoop\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0LOOP).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Loop and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On October 13, 2020, Hindenburg Research (\u201cHindenburg\u201d) published a report entitled \u201cLoop Industries: Former Employees and Plastics Experts Blow The Whistle On This \u2018Recycled\u2019 Smoke And Mirrors Show\u201d.\u00a0 Citing a months-long investigation that \u201cincluded speaking with multiple former employees, company partners, polymer\/plastic experts, and competitors,\u201d the Hindenburg report &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. &#8211; LOOP&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386358","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. - LOOP - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. - LOOP - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 22, 2020 (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of Loop Industries, Inc. (\u201cLoop\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0LOOP).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Loop and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On October 13, 2020, Hindenburg Research (\u201cHindenburg\u201d) published a report entitled \u201cLoop Industries: Former Employees and Plastics Experts Blow The Whistle On This \u2018Recycled\u2019 Smoke And Mirrors Show\u201d.\u00a0 Citing a months-long investigation that \u201cincluded speaking with multiple former employees, company partners, polymer\/plastic experts, and competitors,\u201d the Hindenburg report &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. &#8211; LOOP&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-22T07:32:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDMzNCMzODM4ODE0IzIwMTc2NDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. &#8211; 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Pomerantz LLP is investigating claims on behalf of investors of Loop Industries, Inc. (\u201cLoop\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0LOOP).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Loop and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On October 13, 2020, Hindenburg Research (\u201cHindenburg\u201d) published a report entitled \u201cLoop Industries: Former Employees and Plastics Experts Blow The Whistle On This \u2018Recycled\u2019 Smoke And Mirrors Show\u201d.\u00a0 Citing a months-long investigation that \u201cincluded speaking with multiple former employees, company partners, polymer\/plastic experts, and competitors,\u201d the Hindenburg report &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. &#8211; LOOP\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-22T07:32:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDMzNCMzODM4ODE0IzIwMTc2NDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-loop-industries-inc-loop-7\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. &#8211; 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