Press release
Deadline on March 13th coming up in Lawsuit for Investors in ESS Tech, Inc. (NYSE: GWH)
A Deadline is coming up on March 13, 2023 in the lawsuit for certain investors in ESS Tech, Inc. (NYSE: GWH).
Investors who purchased shares of ESS Tech, Inc. (NYSE: GWH) have certain options and there are strict and short deadlines running. Deadline: March 13, 2023. NYSE: GWH stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of Oregon the plaintiff alleges on behalf of purchasers of ESS Tech, Inc. (NYSE: GWH) common shares between August 11, 2022 and December 7, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 11, 2022 and December 7, 2022, the defendants made false and/or misleading statements and/or failed to disclose that the purported agreement with Energy Storage Industries Asia Pacific ("ESI") was in fact an undisclosed related party transaction because ESI was a de-facto subsidiary of ESS masquerading as third-party client, that ESS Tech, Inc. misled investors with their partnership announcement to signal business success to investors, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of ESS Tech, Inc. (NYSE: GWH) 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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