{"id":501521,"date":"2021-06-07T16:30:04","date_gmt":"2021-06-07T20:30:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\/"},"modified":"2021-06-07T16:30:04","modified_gmt":"2021-06-07T20:30:04","slug":"kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\/","title":{"rendered":"Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc."},"content":{"rendered":"
\n

RADNOR, Pa., June 07, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Middle District of Florida against PureCycle Technologies, Inc. (NASDAQ: PCT) (\u201cPureCycle\u201d) f\/k\/a Roth CH Acquisition I Co. (\u201cRoth Acquisition\u201d) (NASDAQ: ROCH) on behalf of those who purchased or acquired PureCycle securities between November 16, 2020 and May 5, 2021<\/em><\/strong>, inclusive (the \u201cClass Period\u201d).<\/p>\n

\n
\n Lead Plaintiff Deadline: <\/em>
\n <\/strong>
\n
\n
\n July 12, 2021<\/u>
\n <\/em>
\n <\/strong>
\n \ufeff<\/strong>\ufeff<\/p>\n\n\n\n\n\n\n
\n
\n Website:<\/strong>
\n <\/em>\n <\/td>\n		\n https:\/\/www.ktmc.com\/purecycle-technologies-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=purecycle<\/a>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n Contact:<\/strong>
\n <\/em>\n <\/td>\n		\n James Maro, Esq. (484) 270-1453<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Adrienne Bell, Esq. (484) 270-1435<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Toll free (844) 887-9500<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

PureCycle commercializes a purification recycling technology, originally developed by The Procter & Gamble Company (\u201cProcter & Gamble\u201d), for restoring waste polypropylene into resin with near-virgin characteristics.<\/p>\n

The complaint alleges that throughout the Class Period, the defendants made false and\/or misleading statements and\/or failed to disclose that: (1) the technology PureCycle licensed from Procter & Gamble was not proven and presented serious issues even at lab scale; (2) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology were significant; (3) PureCycle\u2019s financial projections were baseless; and (4) as a result, PureCycle\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

PureCycle investors may, no later than July 12, 2021<\/u><\/em><\/strong>, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member.\u00a0 A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.\u00a0 In order to be appointed as a lead plaintiff, the Court must determine that the class member\u2019s claim is typical of the claims of other class members, and that the class member will adequately represent the class.\u00a0 Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.<\/p>\n

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. \u00a0The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).\u00a0 The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com<\/a>.<\/p>\n

CONTACT:<\/p>\n

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
info@ktmc.com<\/a><\/p>\n

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

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

RADNOR, Pa., June 07, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Middle District of Florida against PureCycle Technologies, Inc. (NASDAQ: PCT) (\u201cPureCycle\u201d) f\/k\/a Roth CH Acquisition I Co. (\u201cRoth Acquisition\u201d) (NASDAQ: ROCH) on behalf of those who purchased or acquired PureCycle securities between November 16, 2020 and May 5, 2021, inclusive (the \u201cClass Period\u201d). Lead Plaintiff Deadline: July 12, 2021 \ufeff\ufeff Website: https:\/\/www.ktmc.com\/purecycle-technologies-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=purecycle \u00a0 \u00a0 Contact: James Maro, Esq. (484) 270-1453 \u00a0 Adrienne Bell, Esq. (484) 270-1435 \u00a0 Toll free (844) 887-9500 PureCycle commercializes a purification recycling technology, originally developed by The Procter & … <\/p>\n

Continue reading “Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc.”<\/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-501521","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc. - 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\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RADNOR, Pa., June 07, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Middle District of Florida against PureCycle Technologies, Inc. (NASDAQ: PCT) (\u201cPureCycle\u201d) f\/k\/a Roth CH Acquisition I Co. (\u201cRoth Acquisition\u201d) (NASDAQ: ROCH) on behalf of those who purchased or acquired PureCycle securities between November 16, 2020 and May 5, 2021, inclusive (the \u201cClass Period\u201d). Lead Plaintiff Deadline: July 12, 2021 \ufeff\ufeff Website: https:\/\/www.ktmc.com\/purecycle-technologies-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=purecycle \u00a0 \u00a0 Contact: James Maro, Esq. (484) 270-1453 \u00a0 Adrienne Bell, Esq. (484) 270-1435 \u00a0 Toll free (844) 887-9500 PureCycle commercializes a purification recycling technology, originally developed by The Procter & … Continue reading "Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-07T20:30:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI0OTExMiM0MjI4MjcwIzIwMTkzMTI=\" \/>\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\\\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc.\",\"datePublished\":\"2021-06-07T20:30:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\\\/\"},\"wordCount\":500,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI0OTExMiM0MjI4MjcwIzIwMTkzMTI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kessler-topaz-meltzer-check-llp-securities-fraud-class-action-filed-against-purecycle-technologies-inc\\\/\",\"name\":\"Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against PureCycle Technologies, Inc. - 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(NASDAQ: PCT) (\u201cPureCycle\u201d) f\/k\/a Roth CH Acquisition I Co. (\u201cRoth Acquisition\u201d) (NASDAQ: ROCH) on behalf of those who purchased or acquired PureCycle securities between November 16, 2020 and May 5, 2021, inclusive (the \u201cClass Period\u201d). Lead Plaintiff Deadline: July 12, 2021 \ufeff\ufeff Website: https:\/\/www.ktmc.com\/purecycle-technologies-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=purecycle \u00a0 \u00a0 Contact: James Maro, Esq. (484) 270-1453 \u00a0 Adrienne Bell, Esq. 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