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Investigation announced for Long-Term Investors of Danimer Scientific, Inc. (NYSE: DNMR) over potential Wrongdoing

09-17-2021 03:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Danimer Scientific, Inc. (NYSE: DNMR) shares.

An investigation on behalf of current long term investors in Danimer Scientific, Inc. (NYSE: DNMR) shares.

Certain directors of Danimer Scientific, Inc are under investigation over potential breaches of fiduciary duties.

Investors who are current long term investors in Danimer Scientific, Inc. (NYSE: DNMR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: DNMR stocks follows a lawsuit filed against Danimer Scientific, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: DNMR stocks, concerns whether certain Danimer Scientific, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Middle District of Georgia the plaintiff alleges thatthe Defendants made false and/or misleading statements and/or failed to disclose that Danimer Scientific, Inc., had deficient internal controls, that as a result, the Company had misrepresented, inter alia, its operations' size and regulatory compliance, that Defendants had overstated Nodax's biodegradability, particularly in oceans and landfills, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Danimer Scientific, Inc. (NYSE: DNMR) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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