According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- Danimer Scientific had deficient internal controls;
- As a result, the Company had misrepresented, inter alia, its operations’ size and regulatory compliance;
- Defendants had overstated Nodax’s biodegradability, particularly in oceans and landfills; and
- As a result, the Company’s public statements were materially false and misleading at all relevant times.
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.
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