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ORIGIN MATERIALS, INC. (ORGN) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Origin Materials, Inc
Bernstein Liebhard LLP: Do you, or did you, own shares of Origin Materials, Inc.? Did yo...
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[{"type":"text","content":"ORIGIN MATERIALS, INC. (ORGN) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Origin Materials, IncBernstein Liebhard LLP:Do you, or did you, own shares of Origin Materials, Inc.?Did you purchase your shares between February 23, 2023 and August 9, 2023, inclusive?Did you lose money in your investment in Origin Materials, Inc.?Do you want to discuss your rights?New York, New York--(Newsfile Corp. - August 29, 2023) - Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Origin Materials, Inc. (\"Origin\" or the \"Company\") (NASDAQ: ORGN) between February 23, 2023 and August 9, 2023, inclusive (the \"Class Period\"). The lawsuit was filed in the United States District Court for the Eastern District of California and alleges violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the \"Complaint\"). If you purchased or acquired Origin securities, and/or would like to discuss your legal rights and options please visit Origin Materials, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or [email protected] you wish to serve as lead plaintiff, you must move the Court no later than October 24, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.The Complaint alleges that Defendants made materially false and misleading statements throughout the Class Period. Among other things, Defendants failed to disclose to investors that: (1) Origin would not be able to meet its previously announced timeline for the construction of the Origin 2 plant; (2) demand for PX had dropped such that it would not be the production focus of Origin 2; (3) Origin could not construct Origin 2 at its previously disclosed cost; and (4) Origin could not construct Origin 2 at the scale it had previously identified.On August 9, 2023, after the market closed, Ori...