{"id":518267,"date":"2021-07-27T09:38:09","date_gmt":"2021-07-27T13:38:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pll-notice-investors-with-substantial-losses-have-opportunity-to-lead-the-piedmont-lithium-inc-class-action-lawsuit\/"},"modified":"2021-07-27T09:38:09","modified_gmt":"2021-07-27T13:38:09","slug":"pll-notice-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-notice-investors-with-substantial-losses-have-opportunity-to-lead-the-piedmont-lithium-inc-class-action-lawsuit\/","title":{"rendered":"PLL NOTICE: Investors with Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. Class Action Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN DIEGO<\/span>, July 27, 2021<\/span> \/PRNewswire\/ —\u00a0The Piedmont Lithium <\/i>class action lawsuit charges Piedmont Lithium Inc. (NASDAQ: PLL) and certain of its top executives with violations of the Securities Exchange Act of 1934 and seeks to represent purchasers of Piedmont Lithium publicly traded securities between March 16, 2018<\/span> and July 19, 2021<\/span>, inclusive (“Class Period”).\u00a0 The Piedmont Lithium<\/i> class action lawsuit was commenced on July 23, 2021<\/span> in the Eastern District of New York<\/span> and is captioned Skeels v. Piedmont Lithium Inc.<\/i>,\u00a0No. 21-cv-04161.<\/p>\n

\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>.\u00a0 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>.\u00a0 Lead plaintiff motions for the Piedmont Lithium<\/i> class action lawsuit must be filed with the court no later than September 21, 2021<\/span>.<\/b>\n <\/p>\n

\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 “strong local government support”; and (v) as a result, defendants’ public statements were materially false and\/or misleading at all relevant times.<\/p>\n

On July 20, 2021<\/span>, Reuters<\/i> published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina<\/span> neighbors” which reported the following, among other things, regarding Piedmont Lithium’s regulatory issues in North Carolina<\/span>: “The company, however, has not applied for a state mining permit or a necessary zoning variance in Gaston County<\/span>, just west of Charlotte<\/span>, despite telling investors since 2018 that it was on the verge of doing so.\u00a0 Five of the seven members of the county’s board of commissioners, who control zoning changes, say they may block or delay the project . . . .”\u00a0 On this news, Piedmont Lithium’s stock price fell nearly 20%, damaging investors.<\/p>\n

\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.\u00a0 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.\u00a0 A lead plaintiff acts on behalf of all other class members in directing the Piedmont Lithium<\/i> class action lawsuit.\u00a0 The lead plaintiff can select a law firm of its choice to litigate the Piedmont Lithium<\/i> class action lawsuit.\u00a0 An investor’s ability to share in any potential future recovery of the Piedmont Lithium<\/i> class action lawsuit is not dependent upon serving as lead plaintiff.\u00a0<\/p>\n

\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.\u00a0 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<\/span> \u2013 in In re Enron Corp. Sec. Litig<\/i>.\u00a0 The 2020 ISS Securities Class Action Services Top 50 Report ranked Robbins Geller first for recovering $1.6 billion<\/span> for investors last year, more than double the amount recovered by any other securities plaintiffs’ firm.\u00a0 Please visit https:\/\/www.rgrdlaw.com\/firm.html<\/a> for more information.\u00a0<\/p>\n

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

Contact:
Robbins Geller Rudman<\/span> & Dowd LLP
655 W. Broadway, San Diego<\/span>, CA\u00a0 92101
J.C. Sanchez, 800-449-4900
jsanchez@rgrdlaw.com<\/a><\/p>\n

\u00a0<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/pll-notice-investors-with-substantial-losses-have-opportunity-to-lead-the-piedmont-lithium-inc-class-action-lawsuit-301341424.html<\/a><\/p>\n

SOURCE Robbins Geller Rudman & Dowd LLP<\/p>\n<\/p><\/div>\n

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

PR Newswire SAN DIEGO, July 27, 2021 \/PRNewswire\/ —\u00a0The Piedmont Lithium class action lawsuit charges Piedmont Lithium Inc. (NASDAQ: PLL) and certain of its top executives with violations of the Securities Exchange Act of 1934 and seeks to represent purchasers of Piedmont Lithium publicly traded securities between March 16, 2018 and July 19, 2021, inclusive (“Class Period”).\u00a0 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.,\u00a0No. 21-cv-04161. If you wish to serve as lead plaintiff of the Piedmont Lithium class action lawsuit, please provide your information by clicking here.\u00a0 You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800\/449-4900 … <\/p>\n

Continue reading “PLL NOTICE: 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-518267","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPLL NOTICE: Investors with Substantial Losses Have Opportunity to Lead the Piedmont Lithium Inc. 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