Origin Materials, Inc. (NYSE: ORGN)
30 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 24, 2023 to file lead plaintiff applications in a securities class action lawsuit against Origin Materials, Inc. (NYSE: ORGN).
Origin Materials and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company would not be able to meet its previously announced timeline for the construction of its Origin 2 commercial plant; (ii) demand for paraxylene, a product that can replace non-sustainable chemicals in existing supply chains, had dropped such that it would not be the production focus of the Origin 2 plant; and (iii) the Company could not construct the Origin 2 plant at its previously disclosed cost or at the scale it had previously identified.
If you purchased securities of Origin Materials and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is Soto v. Origin Materials, Inc., et al., No. 23-cv-04332.