NEW YORK, NY / ACCESSWIRE / July 12, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against Danimer Scientific, Inc. ('Danimer' or 'the Company') (NYSE:DNMR).
Investors who purchased the Company's securities between October 5, 2020 and May 4, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before July 13, 2021.
According to the Complaint, Danimer made false and misleading statements to the market. The Company failed to maintain effective internal controls, mischaracterized the size of its operations and its regulatory compliance, and overstated the biodegradability of its Nodax product in both landfills and the ocean. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Danimer, investors suffered damages.
If you currently own stock or options in Danimer Scientific, Inc. and want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected].
About the Firm
Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at http://www.labaton.com.
CONTACT:
David J. Schwartz
(800) 321-0476
[email protected]
SOURCE: Labaton Sucharow LLP