ROSEN, TOP RANKED INVESTOR ADVISOR, Encourages ™C Metals Inc. Investors With Losses Over $100K to Secure Advisors Before Important Deadline in Investing.com Securities Class
New York, New York–(Newsfile Corp. – December 31, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of ™C the metals company Inc. (NASDAQ: ™C) between May 12, 2023 and March 25, 2024, both dates inclusive (the “Class Period”), of the material January 7, 2025, the deadline of the chief prosecutor.
SO WHAT: If you purchased ™C Securities during the Exchange Period, you may be entitled to compensation without paying any fees or out-of-pocket expenses through a contingency fee arrangement.
WHAT TO DO NEXT: To join the ™C class action, go to https://rosenlegal.com/submit-form/?case_id=30855 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you want to be the chief prosecutor, you have to move the court no later than January 7, 2025. The lead plaintiff is the representative party that acts on behalf of the other class members in the conduct of the litigation.
WHY ROSEN’S LAW: We encourage investors to choose a qualified advisor with experience in successful leadership roles. Often the firms issuing the notices do not have comparable experience, resources or any significant recognition from their peers. Many of these firms do not actually initiate securities class actions, but are merely brokers who refer clients or are partners with law firms that actually litigate. Be wise in choosing an advisor. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and equity derivative litigation. The Rosen Law Firm secured the largest securities class action settlement to date against a Chinese company at the time. The Rosen Law Firm is ranked #1 by ISS Securities Class Action (WA:) Services for numerous securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors. In 2020, founding partner Laurence Rosen was named a Law360 Claimant Bar Association Titan. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the complaint, the defendants made false and/or misleading statements and/or failed to disclose the following: (1) ™C maintained inadequate internal controls over financial reporting; (2) as a result, ™C incorrectly classified the sale of future proceeds attributable to the LCR partnership (a strategic partnership with Low Carbon Royalties Inc.) as deferred revenue rather than debt; (3) the prior misclassification, when known, would require ™Ca to restate one or more of its previously issued financial statements; and (4) as a result, the defendant’s public statements were materially false and/or misleading at all relevant times. When the true details came to market, the lawsuit alleges, investors suffered damages.
To join the ™C class action, go to https://rosenlegal.com/submit-form/?case_id=30855 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No class is certified. Until the class is certified, you will not be represented by an attorney unless you retain one. You can choose a lawyer of your choice. You can also remain an absent member of the class and do nothing at this time. An investor’s ability to participate in a potential future recovery does not depend on whether it is the lead plaintiff.
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To view the original version of this press release, visit https://www.newsfilecorp.com/release/235510