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DNMR Lawsuit Filed: Jakubowitz Law Pursues Claims on Behalf of Danimer Scientific, Inc. Shareholders

Newsfile Corp.
·1 min read

New York, New York--(Newsfile Corp. - June 15, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Danimer Scientific, Inc. (NYSE: DNMR).

CLICK HERE FOR MORE DETAILS:

https://claimyourloss.com/securities/danimer-scientific-inc-loss-submission-form/?id=16884&from=5

Affected shareholders purchased shares of DNMR between October 5, 2020 and May 4, 2021

Shareholders interested in representing the class of wronged shareholders have until July 13, 2021 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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According to a filed complaint, Danimer Scientific, Inc. issued materially 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) 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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87594