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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 July 12, 2021 to file lead plaintiff applications in securities class action lawsuits against PureCycle Technologies, Inc. (NasdaqCM: PCT) f/k/a Roth CH Acquisition I Co. (“Roth”) (Nasdaq: ROCH).
PureCycle and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 6, 2021, pre-market, Hindenburg Research reported a wide range of criticisms toward the Company related to its prior “going public” transaction with Roth and present position, concluding that the Company “represents the worst qualities of the SPAC boom; another quintessential example of how executives and SPAC sponsors enrich themselves while hoisting unproven technology and ridiculous financial projections onto the public markets, leaving retail investors to face the ultimate consequences.”
On this news, shares of PureCycle plummeted more than 40%, or approximately $10 per share, on very unusually high trading volume.
If you purchased and/or held securities of PureCycle and/or Roth as above 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 (email@example.com), or fill out the form on this page.
The first-filed case is Theodore v. PureCycle Technologies, Inc., et al., No. 21-cv-809.
Click here to read the case complaint.