{"id":517613,"date":"2021-07-26T14:02:01","date_gmt":"2021-07-26T18:02:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pll-alert-investors-with-substantial-losses-have-opportunity-to-lead-the-piedmont-lithium-inc-class-action-lawsuit\/"},"modified":"2021-07-26T14:02:01","modified_gmt":"2021-07-26T18:02:01","slug":"pll-alert-investors-with-substantial-losses-have-opportunity-to-lead-the-piedmont-lithium-inc-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pll-alert-investors-with-substantial-losses-have-opportunity-to-lead-the-piedmont-lithium-inc-class-action-lawsuit\/","title":{"rendered":"PLL ALERT: Investors With Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. Class Action Lawsuit"},"content":{"rendered":"

<\/p>\n

PLL ALERT: Investors With Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. Class Action Lawsuit<\/b><\/p>\n

SAN DIEGO–(BUSINESS WIRE<\/a>)–Robbins Geller Rudman & Dowd LLP<\/a><\/b> announces that purchasers of Piedmont Lithium Inc. (NASDAQ: PLL) securities between March 16, 2018 and July 19, 2021, inclusive (\u201cClass Period\u201d) have until September 21, 2021 to seek appointment as lead plaintiff in the Piedmont Lithium<\/i> class action lawsuit. The Piedmont Lithium <\/i>class action lawsuit charges Piedmont Lithium and certain of its top executives with violations of the Securities Exchange Act of 1934. The Piedmont Lithium<\/i> class action lawsuit was commenced on July 23, 2021 in the Eastern District of New York and is captioned Skeels v. Piedmont Lithium Inc.<\/i>,No. 21-cv-04161.\n<\/p>\n

If you wish to serve as lead plaintiff of the Piedmont Lithium <\/i>class action lawsuit, please provide your information by clicking here<\/a>. You can also contact attorney J.C. Sanchez<\/a> of Robbins Geller by calling 800\/449-4900 or via e-mail at jsanchez@rgrdlaw.com<\/a>. Lead plaintiff motions for the Piedmont Lithium<\/i> class action lawsuit must be filed with the court no later than September 21, 2021.<\/b><\/p>\n

CASE ALLEGATIONS<\/b>: The Piedmont Lithium <\/i>class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) Piedmont Lithium has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (ii) Piedmont Lithium failed to inform relevant people and governmental authorities of its actual plans; (iii) Piedmont Lithium failed to file proper applications with relevant governmental authorities (including state and local authorities); (iv) Piedmont Lithium and its lithium business does not have \u201cstrong local government support\u201d; and (v) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times.\n<\/p>\n

\nOn July 20, 2021, Reuters<\/i> published an article entitled \u201cIn push to supply Tesla, Piedmont Lithium irks North Carolina neighbors\u201d which reported the following, among other things, regarding Piedmont Lithium\u2019s regulatory issues in North Carolina: \u201cThe company, however, has not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so. Five of the seven members of the county\u2019s board of commissioners, who control zoning changes, say they may block or delay the project . . . .\u201d On this news, Piedmont Lithium\u2019s stock price fell nearly 20%, damaging investors.\n<\/p>\n

THE LEAD PLAINTIFF PROCESS<\/b>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Piedmont Lithium securities during the Class Period to seek appointment as lead plaintiff in the Piedmont Lithium<\/i> class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Piedmont Lithium<\/i> class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Piedmont Lithium<\/i> class action lawsuit. An investor\u2019s ability to share in any potential future recovery of the Piedmont Lithium<\/i> class action lawsuit is not dependent upon serving as lead plaintiff.\n<\/p>\n

ABOUT ROBBINS GELLER RUDMAN & DOWD LLP<\/b>: With 200 lawyers in 9 offices nationwide, Robbins Geller Rudman & Dowd LLP is the largest U.S. law firm representing investors in securities class actions. Robbins Geller attorneys have obtained many of the largest shareholder recoveries in history, including the largest securities class action recovery ever \u2013 $7.2 billion \u2013 in In re Enron Corp. Sec. Litig<\/i>. The 2020 ISS Securities Class Action Services Top 50 Report ranked Robbins Geller first for recovering $1.6 billion for investors last year, more than double the amount recovered by any other securities plaintiffs\u2019 firm. Please visit https:\/\/www.rgrdlaw.com\/firm.html<\/a> for more information.\n<\/p>\n

\nAttorney advertising.
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Past results do not guarantee future outcomes.
\n
Services may be performed by attorneys in any of our offices.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210726005695\/en\/<\/a><\/span><\/p>\n

\nRobbins Geller Rudman & Dowd LLP
\n
655 W. Broadway, San Diego, CA 92101
\n
J.C. Sanchez, 800-449-4900
\n
jsanchez@rgrdlaw.com<\/a><\/p>\n

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

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

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PLL ALERT: Investors With Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. Class Action Lawsuit SAN DIEGO–(BUSINESS WIRE)–Robbins Geller Rudman & Dowd LLP announces that purchasers of Piedmont Lithium Inc. (NASDAQ: PLL) securities between March 16, 2018 and July 19, 2021, inclusive (\u201cClass Period\u201d) have until September 21, 2021 to seek appointment as lead plaintiff in the Piedmont Lithium class action lawsuit. The Piedmont Lithium class action lawsuit charges Piedmont Lithium and certain of its top executives with violations of the Securities Exchange Act of 1934. The Piedmont Lithium class action lawsuit was commenced on July 23, 2021 in the Eastern District of New York and is captioned Skeels v. Piedmont Lithium Inc.,No. 21-cv-04161. If you wish to … <\/p>\n

Continue reading “PLL ALERT: Investors With Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. Class Action Lawsuit”<\/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-517613","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPLL ALERT: Investors With Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. 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