PCT Investors Have Opportunity to Lead Securities Fraud Lawsuit Against PureCycle Technologies, Inc.

The Law Offices of Frank R. Cruz has announced that investors who have suffered substantial losses have the opportunity to lead a securities fraud class action lawsuit against PureCycle Technologies, Inc. The lawsuit pertains to the period between August 8, 2023, and September 13, 2023, and the lead plaintiff deadline is set for November 28, 2023.

According to the complaint filed, the defendants allegedly failed to disclose crucial information to investors during the class period. It is alleged that the Ironton Facility experienced a full plant power outage on August 7, 2023, and there was a risk of additional failures resulting from this outage. The complaint further claims that the positive statements made by the defendants about the company’s business, operations, and prospects were materially misleading and lacked a reasonable basis.

Investors who have suffered losses during the specified period are encouraged to participate in the class action lawsuit. They can click here to learn more and join the lawsuit. It is important to note that investors can choose to retain their own counsel or take no action and remain an absent member of the class action.

For further information or if you have any questions regarding this class action lawsuit, please contact Frank R. Cruz at The Law Offices of Frank R. Cruz. Contact details can be found on their website or by reaching out to them directly.

Please note that this press release may be considered Attorney Advertising in some jurisdictions under applicable law and ethical rules.