Deadline on October 24th coming up in Lawsuit for Investors in shares of Origin Materials, Inc. (NASDAQ: ORGN)

A deadline is coming up on October 24, 2023 in the lawsuit filed for certain investors of Origin Materials, Inc. (NASDAQ: ORGN) over alleged securities laws violations by Origin Materials, Inc.

Investors who purchased shares of Origin Materials, Inc. (NASDAQ: ORGN)
have certain options and there are strict and short deadlines running. Deadline: October 24, 2023. Origin Materials, Inc. (NASDAQ: ORGN) 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 Eastern District of California the plaintiff alleges on behalf of purchasers of Origin Materials, Inc. (NASDAQ: ORGN) common shares between February 23, 2023 and August 9, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 23, 2023 and August 9, 2023, the defendants made false and/or misleading statements and/or failed to disclose that Origin Materials would not be able to meet its previously announced timeline for the construction of its Origin 2 commercial plant, that demand for paraxylene, a product that can replace non-sustainable chemicals in existing supply chains, had dropped such that it would not be the production focus of the Origin 2 plant, that Origin Materials could not construct the Origin 2 plant at its previously disclosed cost, and that Origin Materials could not construct the Origin 2 plant at the scale it had previously identified.

Those who purchased shares of Origin Materials, Inc. (NASDAQ: ORGN) 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.

This release was published on openPR.