Press release
Investigation announced for Investors in shares of Alternus Clean Energy Inc (NASDAQ: ALCE) over possible Violations of Securities Laws
An investigation for investors in Alternus Clean Energy Inc (NASDAQ: ALCE) shares over potential securities laws violations.
Investors who purchased shares of Alternus Clean Energy Inc (NASDAQ: ALCE), 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 focuses on possible claims on behalf of purchasers of the securities of Alternus Clean Energy Inc (NASDAQ: ALCE) concerning whether a series of statements by Alternus Clean Energy Inc (NASDAQ: ALCE regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 23, 2022, Clean Earth Acquisitions Corp. (NASDAQ: CLIN) held its initial IPO at $10.00 per share and raised $200 million.
Then on October 12, 2022, Clean Earth Acquisitions Corp announced it was engaging in an $863 million de-SPAC transaction with Alternus Energy Group Plc.
The transaction closed on December 22, 2023 and the combined company was renamed Alternus Clean Energy, Inc. (NASDAQ: ALCE).
Since the IPO, Shares of Alternus Clean Energy Inc (NASDAQ: ALCE) declined to as low as $0.302 per share on April 22, 2024.
Those who purchased shares of Alternus Clean Energy Inc (NASDAQ: ALCE) 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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