Business

Bernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Publicly Traded Origin Materials Securities

Bernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Publ...

articleOrigen Resources IncFebruary 16, 20263/company/origen-resources-inc/news/bernstein-liebhard-llp-announces-proposed-class-action-settlement-on-behalf-of-purchasers-of-publicly-traded-origin-materials-securities
Bernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Publicly Traded Origin Materials Securities

About this update from Origen Resources Inc

[{"type":"text","content":"Bernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Publicly Traded Origin Materials Securities\n\n\nBernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Publicly Traded Origin Materials Securities\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nPR Newswire\n\n\nSACRAMENTO, Calif., Feb. 16, 2026 /PRNewswire/ -- Bernstein Liebhard LLP announces that the United States District Court for the Eastern District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of Origin Materials, Inc. Securities (NASDAQ: ORGN and ORGNW):\nSUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED SETTLEMENT, AND MOTION FOR ATTORNEYS' FEES AND EXPENSESTo:        All persons and entities who or which purchased publicly traded securities of Origin Materials, Inc. (\"Origin Materials\") on the open market of a U.S. stock exchange during the period from March 7, 2023 through August 9, 2023, and who were allegedly damaged thereby (\"Settlement Class\").YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Eastern District of California, that the Court-appointed Lead Plaintiff for the proposed Settlement Class has reached an agreement with the Defendants to settle the claims in the above-captioned class action (the \"Action\") for $9,000,000 (the \"Settlement\"). A hearing will be held before the Honorable William B. Shubb, on June 8, 2026,  at 1:30 p.m., in the United States District Court, Eastern District of California, Robert T. Matsui United States Courthouse, Courtroom 5, 14th Floor, 501 I Street, Sacramento, CA 95814 (the \"Settlement Hearing\") to, among other things, determine whether the Court should: (i) approve the proposed Settlement as fair, reasonable, and adequate; (ii) dismiss the Action with prejudice as provided in the Stipulation of Settleme...

More updates from Origen Resources Inc