Investigation announced for Investors who hold shares of TMC the metals company Inc. (NASDAQ: TMC) over potential Wrongdoing

An investigation was announced for current long-term investors in shares of TMC the metals company Inc. (NASDAQ: TMC) concerning potential breaches of fiduciary duties by certain directors and officers of TMC the metals company Inc.

Investors who are current long term investors in TMC the metals company Inc. (NASDAQ: TMC) 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 NASDAQ: TMC stocks follows a lawsuit filed against TMC the metals company Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TMC stocks, concerns whether certain TMC the metals company Inc. 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 Central District of California the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that TMC maintained deficient internal controls over financial reporting, that as a result, the Company inaccurately classified the sale of future revenue attributable to the LCR Partnership as deferred income rather than debt, that the foregoing misclassification, when it became known, would require TMC to restate one or more of its previously issued financial statements, and that as a result, Defendants' public statements were materially false and/or misleading at all relevant times

Those who purchased shares of TMC the metals company Inc. (NASDAQ: TMC) 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.