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Investigation announced for Long-Term Investors in Standard Lithium Ltd. (NYSE: SLI)

05-20-2022 01:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long-term investors in Standard Lithium Ltd. (NYSE: SLI) shares.

An investigation on behalf of current long-term investors in Standard Lithium Ltd. (NYSE: SLI) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Standard Lithium Ltd.

Investors who are current long-term investors in Standard Lithium Ltd. (NYSE: SLI) 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: SLI stocks follows a lawsuit filed against Standard Lithium Ltd. over alleged securities laws violations. The investigation on behalf of current long-term investors in NYSE: SLI stocks, concerns whether certain Standard Lithium 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 the LiSTR technology's extraction recovery efficiencies were overstated; (ii) accordingly, the Company's final product lithium recovery percentage at the Demonstration Plant would not be as high as the Company had represented to investors, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Standard Lithium Ltd. (NYSE: SLI) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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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