An investigation on behalf of current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/25/2021 -- Certain directors of Piedmont Lithium Inc are under investigation over potential breaches of fiduciary duties.
Investors who are current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: PLL stocks follows a lawsuit filed against Piedmont Lithium Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: PLL stocks, concerns whether certain Piedmont Lithium Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits, that Piedmont failed to inform relevant people and governmental authorities of its actual plans, that Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities), that Piedmont and its lithium business does not have "strong local government support", and that as a result, defendants' public statements were materially false and/or misleading at all relevant times.
Those who purchased shares of Piedmont Lithium Inc. (NASDAQ: PLL) have certain options and should contact the Shareholders Foundation.
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