NEW YORK, NY / ACCESSWIRE / November 12, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
HYZN Shareholders Click Here: https://www.zlk.com/pslra-1/hyzon-motors-inc-f-k-a-decarbonization-plus-acquisition-corporation-loss-submission-form?prid=21168&wire=1
CEI Shareholders Click Here: https://www.zlk.com/pslra-1/camber-energy-inc-loss-submission-form?prid=21168&wire=1
TMC Shareholders Click Here: https://www.zlk.com/pslra-1/tmc-the-metals-company-inc-loss-submission-form?prid=21168&wire=1
* ADDITIONAL INFORMATION BELOW *
Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation (NASDAQ:HYZN)
HYZN Lawsuit on behalf of: investors who purchased February 9, 2021 - September 27, 2021
Lead Plaintiff Deadline: November 29, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/hyzon-motors-inc-f-k-a-decarbonization-plus-acquisition-corporation-loss-submission-form?prid=21168&wire=1
According to the filed complaint, during the class period, Hyzon Motors Inc. f/k/a Decarbonization Plus Acquisition Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) Hyzon was misrepresenting the nature of its "customer" contracts and severely embellished its "deals" and "partnerships" with customers; (2) Hyzon could not deliver its announced vehicles in 2021, on its stated timeline; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Camber Energy, Inc. (NYSE:CEI)
CEI Lawsuit on behalf of: investors who purchased February 18, 2021 - October 4, 2021
Lead Plaintiff Deadline: December 28, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/camber-energy-inc-loss-submission-form?prid=21168&wire=1
According to the filed complaint, during the class period, Camber Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Camber overstated the financial and business prospects of Viking as well as the combined company post merger; (ii) Camber failed to apprise investors of, and/or downplayed, the fact that its acquisition of a controlling interest in Viking would exacerbate the Company's delinquent financial statements and listing obligations with the NYSE; (iii) an institutional investor was diluting Camber's shares at a significant rate following the Company's July 12, 2021 update regarding the number of its shares of common stock issued and outstanding; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
TMC the metals company Inc. f/k/a Sustainable Opportunities Acquisition Corp. (NASDAQ:TMC)
TMC Lawsuit on behalf of: investors who purchased March 4, 2021 - October 5, 2021
Lead Plaintiff Deadline: December 27, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/tmc-the-metals-company-inc-loss-submission-form?prid=21168&wire=1
According to the filed complaint, during the class period, TMC the metals company Inc. f/k/a Sustainable Opportunities Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company had significantly overpaid for the Tongo Offshore Mining Limited acquisition to undisclosed insiders; (2) the Company had artificially inflated its Nauru Ocean Resources Inc. ("NORI") exploration expenditures to give investors a false scale of its operations; (3) the Company's purported 100% interest in NORI was questionable given prior disclosures to the International Seabed Authority that NORI was wholly owned by two Nauruan foundations and that all future income from NORI would be used in Nauru; (4) Defendants had significantly downplayed the environmental risks of deep-sea mining polymetallic nodules and failed to adequately warn investors of the regulatory risks faced by the Company's environmentally risky exploitation plans; (5) the Company's PIPE financing was not fully committed and, therefore, the Company would not have the cash necessary for large sale commercial production; (6) as a result of the foregoing, the Company's valuation was significantly less than Defendants disclosed to investors; and (7) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
You have until the lead plaintiff deadlines 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.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
View source version on accesswire.com:
https://www.accesswire.com/672695/CLASS-ACTION-UPDATE-for-HYZN-CEI-and-TMC-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders
