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SHAREHOLDER ALERT: Investigation of Zymergen, Inc. Announced by Holzer & Holzer, LLC

Newsfile Corp.
·2 min read

Atlanta, Georgia--(Newsfile Corp. - August 3, 2021) - Holzer & Holzer, LLC is investigating whether Zymergen, Inc. ("Zymergen" or the "Company") (NASDAQ: ZY) complied with federal securities laws. On August 3, 2021, the Company provided a business update and revised its financial forecast. Specifically, the Company announced that it "recently became aware of issues with its commercial product pipeline that will impact the Company's delivery timeline and revenue projections. Accordingly, the Company no longer expects product revenue in 2021, and expects product revenue to be immaterial in 2022." Additionally, the Company announced that its CEO Josh Hoffman would be stepping down from his role, effective immediately. The price of the Company's stock plummeted following the Company's statement.

If you purchased Zymergen stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92000