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Investigation announced for Long-Term Investors in shares of Piedmont Lithium Inc. (NASDAQ: PLL)

10-18-2021 07:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) shares.

An investigation on behalf of current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) shares.

An investigation on behalf of current long-term investors in shares of Piedmont Lithium Inc. (NASDAQ: PLL) concerning potential breaches of fiduciary duties by certain directors and officers of Piedmont Lithium Inc. was announced.

Investors who are current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) 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 NASDAQ: PLL stocks follows a lawsuit filed against Piedmont Lithium Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: PLL stocks, concerns whether certain Piedmont Lithium 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 Eastern District of New York the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits, that Piedmont failed to inform relevant people and governmental authorities of its actual plans, that Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities), that Piedmont and its lithium business does not have "strong local government support", and that as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

Those who purchased shares of Piedmont Lithium Inc. (NASDAQ: PLL) 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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