{"id":515437,"date":"2021-07-20T20:24:01","date_gmt":"2021-07-21T00:24:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-piedmont-lithium-inc-gibbs-law-group-investigates-potential-securities-law-violations\/"},"modified":"2021-07-20T20:24:01","modified_gmt":"2021-07-21T00:24:01","slug":"lost-money-in-piedmont-lithium-inc-gibbs-law-group-investigates-potential-securities-law-violations","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-piedmont-lithium-inc-gibbs-law-group-investigates-potential-securities-law-violations\/","title":{"rendered":"LOST MONEY IN PIEDMONT LITHIUM INC.? Gibbs Law Group Investigates Potential Securities Law Violations"},"content":{"rendered":"

<\/p>\n

LOST MONEY IN PIEDMONT LITHIUM INC.? Gibbs Law Group Investigates Potential Securities Law Violations<\/b><\/p>\n

OAKLAND, Calif.–(BUSINESS WIRE<\/a>)–
\nPiedmont Lithium Inc. shares plunged nearly 20% on Tuesday, July 20, 2021 after Reuters reported it has repeatedly delayed seeking county approval for its proposed lithium mine, despite years of promising investors that it would do so. Five out of seven county officials now say they may block or delay the project because Piedmont has failed to inform them about the mine’s potential environmental impacts. Gibbs Law Group is investigating a potential Piedmont Lithium Class Action Lawsuit<\/a> on behalf of investors who lost money in Piedmont Lithium Inc. (NASDAQ: PLL).\n<\/p>\n

To speak with an attorney regarding this class action lawsuit investigation, click here<\/a> or call (888) 410-2925.<\/b><\/p>\n

\nOn Tuesday July 20, 2021, Reuters reported that a majority of county officials in Gaston County, North Carolina say they may block or delay Piedmont\u2019s plan to build the largest lithium mine in the U.S., because the company has failed to inform them of any potential environmental impacts, including effects on noise, dust, vibrations, water and air quality.\n<\/p>\n

\nDespite promising investors as early as 2018 that it would obtain permits by 2019, Piedmont has repeatedly delayed the process. In March 2021, Piedmont cancelled a planned meeting with county commissioners with three days\u2019 notice, leading one commissioner to say, \u201cThis has been the worst rollout of a project from a company I\u2019ve ever seen.\u201d Previously, Piedmont has told investors it was \u201cnot aware\u201d of any potential roadblocks to receiving permitting, despite the fact that they had not yet presented any information to the county government.\n<\/p>\n

\nPiedmont signed a deal with Tesla in 2020, causing its stock to skyrocket, and its proposed mine would be the largest lithium mine in the US.\n<\/p>\n

\nFollowing news of trouble with its planned mine, Piedmont\u2019s stock price plummeted nearly 20% at the close of July 20, 2021, causing significant harm to investors.\n<\/p>\n

What Should Piedmont Investors Do?<\/b><\/p>\n

\nIf you invested in Piedmont, visit our website<\/a> or contact our securities team directly at (888) 410-2925 <\/b>to discuss how you may be able to recover your losses. Our investigation concerns whether Piedmont Lithium Inc. has violated federal securities laws by providing false or misleading statements to investors.\n<\/p>\n

About Gibbs Law Group<\/b><\/p>\n

\nGibbs Law Group represents investors throughout the country in securities litigation<\/a> to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world\u2019s largest corporations, and our attorneys have received numerous honors for their work, including \u201cBest Lawyers in America,\u201d \u201cTop Plaintiff Lawyers in California,\u201d \u201cCalifornia Lawyer Attorney of the Year,\u201d \u201cClass Action Practice Group of the Year,\u201d \u201cConsumer Protection MVP,\u201d and \u201cTop Women Lawyers in California.\u201d\n<\/p>\n

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules. <\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210720006285\/en\/<\/a><\/span><\/p>\n

\nEILEEN EPSTEIN
\n
PHONE: 510.350.9728
\n
EMAIL: EJE@CLASSLAWGROUP.COM<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

LOST MONEY IN PIEDMONT LITHIUM INC.? Gibbs Law Group Investigates Potential Securities Law Violations OAKLAND, Calif.–(BUSINESS WIRE)– Piedmont Lithium Inc. shares plunged nearly 20% on Tuesday, July 20, 2021 after Reuters reported it has repeatedly delayed seeking county approval for its proposed lithium mine, despite years of promising investors that it would do so. Five out of seven county officials now say they may block or delay the project because Piedmont has failed to inform them about the mine’s potential environmental impacts. Gibbs Law Group is investigating a potential Piedmont Lithium Class Action Lawsuit on behalf of investors who lost money in Piedmont Lithium Inc. (NASDAQ: PLL). To speak with an attorney regarding this class action lawsuit investigation, click here … <\/p>\n

Continue reading “LOST MONEY IN PIEDMONT LITHIUM INC.? Gibbs Law Group Investigates Potential Securities Law Violations”<\/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-515437","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLOST MONEY IN PIEDMONT LITHIUM INC.? 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Gibbs Law Group Investigates Potential Securities Law Violations OAKLAND, Calif.–(BUSINESS WIRE)– Piedmont Lithium Inc. shares plunged nearly 20% on Tuesday, July 20, 2021 after Reuters reported it has repeatedly delayed seeking county approval for its proposed lithium mine, despite years of promising investors that it would do so. Five out of seven county officials now say they may block or delay the project because Piedmont has failed to inform them about the mine’s potential environmental impacts. Gibbs Law Group is investigating a potential Piedmont Lithium Class Action Lawsuit on behalf of investors who lost money in Piedmont Lithium Inc. (NASDAQ: PLL). To speak with an attorney regarding this class action lawsuit investigation, click here … Continue reading "LOST MONEY IN PIEDMONT LITHIUM INC.? 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