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DEADLINE ALERT: Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 1, 2023 in Atlas Lithium Lawsuit - ATLX

Monday, 31 July 2023 02:15 PM

Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / July 31, 2023 / Levi & Korsinsky, LLP notifies investors in Atlas Lithium Corporation ("Atlas Lithium" or the "Company") (NASDAQ:ATLX) of a class action securities lawsuit.

The lawsuit on behalf of Atlas Lithium investors has been commenced in the United States District Court for the Central District of California. Affected investors purchased or otherwise acquired certain Atlas Lithium Corporation securities between March 25, 2022 and May 3, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/atlas-lithium-lawsuit-submission-form?prid=42823&wire=1

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.

Atlas Lithium Corporation NEWS - ATLX NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company overstated the success of its lithium mining and misrepresented the nature of its Brazilian mineral rights; (ii) in connection with these misrepresentations, Atlas Lithium conducted deceptive promotions to artificially inflate the value of the Company's stock; (iii) the foregoing conduct was designed to allow CEO Fogassa and other Company insiders to sell shares back into the market for a profit before the true nature of Atlas Lithium's business was revealed; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Atlas Lithium during the relevant timeframe, you have until August 1, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://zlk.com/pslra-1/atlas-lithium-lawsuit-submission-form?prid=42823&wire=1 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Class Action
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