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Investigation announced for Investors in Sigma Lithium Corporation (NASDAQ: SGML) over potential Wrongdoing

03-05-2024 08:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Sigma Lithium Corporation (NASDAQ: SGML) shares over potential wrongdoing.

An investigation on behalf of investors in Sigma Lithium Corporation (NASDAQ: SGML) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Sigma Lithium Corporation.

Investors who purchased shares of Sigma Lithium Corporation (NASDAQ: SGML) a 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 concerns whether certain Sigma Lithium Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.

Brazil based Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. On October 5, 2023, Reuters reported that Sigma Lithium's COO, Brian Talbot, left the Company at the end of September. Previously, Reuters reported that divorce proceedings between Sigma Lithium's CEO Ana Cabral-Gardner, and former co-CEO Calvyn Gardner triggered several lawsuits, "including a dispute over some of the mineral rights where Sigma plans to build mining pits."

Shares of Sigma Lithium Corporation (NASDAQ: SGML) declined from $41.90 per share on July 12, 2023, to as low as $24.00 per share on October 20, 2023.

Those who purchased shares of Sigma Lithium Corporation (NASDAQ: SGML) 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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