{"id":396591,"date":"2020-12-09T11:03:21","date_gmt":"2020-12-09T16:03:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396591"},"modified":"2020-12-09T11:03:21","modified_gmt":"2020-12-09T16:03:21","slug":"loop-deadline-bronstein-gewirtz-grossman-llc-reminds-loop-industries-inc-of-class-action-and-lead-plaintiff-deadline-december-15-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/loop-deadline-bronstein-gewirtz-grossman-llc-reminds-loop-industries-inc-of-class-action-and-lead-plaintiff-deadline-december-15-2020\/","title":{"rendered":"LOOP Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Loop Industries, Inc. of Class Action and Lead Plaintiff Deadline: December 15, 2020"},"content":{"rendered":"
\n

NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ:\u00a0LOOP<\/a>) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Loop securities between\u00a0September 24, 2018 and October 12, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/loop<\/a>.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and\/or failed to disclose that: (1) Loop scientists were encouraged to misrepresent the results of Loop\u2019s purportedly proprietary process; (2) Loop did not have the technology to break PET down to its base chemicals at a recovery rate of 100%; (3) as a result, the Company was unlikely to realize the purported benefits of Loop\u2019s announced partnerships with Indorama and Thyssenkrupp; and (4) as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: www.bgandg.com\/loop<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Loop you have until December 15, 2020 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com<\/a><\/p>\n

\n
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\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ:\u00a0LOOP) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Loop securities between\u00a0September 24, 2018 and October 12, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/loop.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made materially … <\/p>\n

Continue reading “LOOP Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Loop Industries, Inc. of Class Action and Lead Plaintiff Deadline: December 15, 2020”<\/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-396591","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLOOP Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Loop Industries, Inc. of Class Action and Lead Plaintiff Deadline: December 15, 2020 - 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\/loop-deadline-bronstein-gewirtz-grossman-llc-reminds-loop-industries-inc-of-class-action-and-lead-plaintiff-deadline-december-15-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LOOP Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Loop Industries, Inc. of Class Action and Lead Plaintiff Deadline: December 15, 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Loop Industries, Inc. 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