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Have You Suffered Losses Greater Than $100,000 Investing In Danimer Scientific? Kehoe Law Firm, ...

May 17, 2021 GMT

PHILADELPHIA, May 17, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Danimer Scientific, Inc. (“Danimer” or the “Company”) (NYSE: DNMR ) to determine whether the Company engaged in securities fraud or other unlawful business practices.

On May 14, 2021, a class action lawsuit was filed in United States District Court, Eastern District of New York, on behalf of Danimer investors who purchased, or otherwise acquired, the Company’s securities between December 30, 2020 and March 19, 2021, both dates inclusive (the “Class Period”).

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According to the class action complaint, throughout the Class Period, the Danimer Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Danimer Defendants, allegedly, made false and/or misleading statements and/or failed to disclose that (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations’ size and regulatory compliance; (iii) the Danimer Defendants had overstated Nodax’s biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, DANIMER’S SECURITIES DURING THE CLASS PERIOD AND SUFFERED LOSSES GREATER THAN $100,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S SECURITIES CLASS ACTION QUESTIONNAIRE OR CONTACT KEVIN CAULEY, DIRECTOR, CLIENT RELATIONS, (215) 792-6676, EXT. 802, KCAULEY@KEHOELAWFIRM.COM, SECURITIES@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.  Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.   

This press release may constitute attorney advertising.