OTC: APTI

Apati Industries, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Apati Industries, Inc. (OTC: APTI) between April 28, 2021 and December 1, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 1, 2024.

If you purchased Apati securities during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:April 28, 2021 through December 1, 2023

Deadline:

33 Days
If you purchased Apati securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose to investors that:

  • the Company lacked effective internal controls;
  • as a result, the Company’s financial results, outlook, and prospects were materially worse than represented;
  • the Company was reasonably likely to restate its financial results;
  • the Company would need to restate its previously filed financial statements during its fiscal years 2021, 2022, and 2023; and
  • as a result of the foregoing, defendants’ positive statements about business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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