WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Standard Lithium Ltd. (NYSE: SLI) resulting from allegations that Standard Lithium may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Standard Lithium securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to http://www.rosenlegal.com/cases-register-2209.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action.
WHAT IS THIS ABOUT: On November 18, 2021, before the market opened, Blue Orca Capital issued an analyst report alleging Standard Lithium’s claims of 90% extraction rates of battery grade lithium at its Arkansas demonstration sites are not supported by as-of-yet undisclosed filings with Arkansas regulators. The analyst report also alleged that Standard Lithium’s December 2020 announcement that the company had achieved “proof of concept” of its extraction technology was false. According to Standard Lithium’s German joint venture partner LANXESS AG, proof of concept had yet to be achieved and the “extraction is not fully there where we would like it to be.”
On this news, Standard Lithium share prices dropped as low as 20% during intraday trading, damaging investors.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827