The Gross Law Firm Announces Class Actions on Behalf of Shareholders of CS, PCT and DNMR
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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of CS, PCT and DNMR

Friday, June 4, 2021 5:40 AM
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NEW YORK, NY / ACCESSWIRE / June 4, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

Credit Suisse Group AG (NYSE:CS)

Investors Affected: October 29, 2020 - March 31, 2021

A class action has commenced on behalf of certain shareholders in Credit Suisse Group AG. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: defendants concealed material defects in the Company's risk policies and procedures and compliance oversight functions and efforts to allow high-risk clients to take on excessive leverage, including Greensill Capital ("Greensill") and Archegos Capital Management ("Archegos"), exposing the Company to billions of dollars in losses.

Shareholders may find more information at https://securitiesclasslaw.com/securities/credit-suisse-group-ag-loss-submission-form/?id=16558&from=1

PureCycle Technologies, Inc. (NASDAQ:PCT)

Investors Affected: November 16, 2020 - May 5, 2021

A class action has commenced on behalf of certain shareholders in PureCycle Technologies, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the technology PureCycle licensed from Procter & Gamble is not proven and presents serious issues even at lab scale; (ii) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology are significant; (iii) PureCycle's financial projections are baseless; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/purecycle-technologies-inc-loss-submission-form/?id=16558&from=1

Danimer Scientific, Inc. (NYSE:DNMR)

Investors Affected: October 5, 2020 - May 4, 2021

A class action has commenced on behalf of certain shareholders in Danimer Scientific, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations' size and regulatory compliance; (iii) Defendants had overstated Nodax's biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/danimer-scientific-inc-loss-submission-form/?id=16558&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm

The Gross Law Firm
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