NEW YORK, NY / ACCESSWIRE / October 31, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Li-Cycle Holdings Corp. ("Li-Cycle" or "the Company") (NYSE:LICY). Investors who purchased Li-Cycle securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/licy.
The investigation concerns whether Li-Cycle has violated federal securities laws.
Investigation Details:
On October 23, 2023, Li-Cycle announced that it would temporarily halt construction work on its Rochester Hub project, pending a comprehensive review of its future strategy. According to the Company's press release, Li-Cycle has experienced escalating construction costs, even as the engineering and procurement phases of the project neared completion, with a primary focus on on-site construction activities. On this news, Li-Cycle shares declined by $1.04, or approximately 45.81%, to close at $1.23 on October 23, 2023.
What's Next?
If you are aware of any facts relating to this investigation or purchased Li-Cycle securities, you can assist this investigation by visiting the firm's site: bgandg.com/licy. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC