Stable Road Acquisition Corp.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACW, SRACU) between October 7, 2020 and July 13, 2021, 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 September 13, 2021.

If you purchased Stable Road securities between October 7, 2020 and July 13, 2021 and would like to join the action, please click “Join This Class Action.”

If you purchased Stable Road 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.


According to the lawsuit, defendants statements throughout the Class Period were materially false and misleading when made because they misrepresented and failed to disclose the adverse facts about Momentus Inc.’s (“Momentus”) business, operations, and prospects and Stable Road’s due diligence activities in connection with the merger, which were known to defendants or recklessly disregarded by them, as follows:

  • that Momentus’ 2019 test of its key technology, a water plasma thruster, had failed to meet Momentus’ own public and internal pre-launch criteria for success, and was conducted on a prototype that was not designed to generate commercially significant amounts of thrust;
  • that the U.S. government had conveyed that it considered the chief executive officer (“CEO”) of Momentus a national security threat, which jeopardized the CEO’s continued leadership of Momentus and Momentus’s launch schedule and business prospects;
  • that as a result of the foregoing, the revenue projections and business and operational plans provided to investors regarding Momentus and the commercial viability and timeline of its products were materially false and misleading and lacked a reasonable basis in fact; and
  • that Stable Road had failed to conduct appropriate due diligence of Momentus and its business operations and defendants had materially misrepresented the due diligence activities being conducted by SRC-NI Holdings, LLC and Stable Road executives in connection with the merger.

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.

公司名称: Stable Road Acquisition Corp.
股票代号: SRAC
集体诉讼期: October 7, 2020 through July 13, 2021
法院: United States District Court for the Central District of California


自 2013 年以来,罗森律师事务所每年都是代表投资者成功提起证券集体诉讼的前四大律所之一。仅 2019 年,本律所就为投资者追回 4.38 亿美元资金。


机构股东服务公司按 2017 年证券集体诉讼索赔数量,罗森律师事务所列为第一名。