Investor Alert: Faruqi & Faruqi, LLP Investigating Claims for TMC Investors
Faruqi & Faruqi, LLP, a well-known national securities law firm, is on the lookout for investors affected by TMC, the metals company Inc (“TMC” or the “Company”) (NASDAQ: TMC). If you’ve suffered losses greater than $75,000 in TMC between May 12, 2023, and March 25, 2024, reach out to Faruqi & Faruqi partner Josh Wilson for a chat about your legal rights. They can be reached directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Faruqi & Faruqi is an established law firm with a national presence, focusing on securities law. They have successfully recovered significant sums for investors since their inception in 1995. For further details, you can visit their website at www.faruqilaw.com.
It’s been reported that TMC and its executives might have breached federal securities laws by misrepresenting certain financial aspects. Specifically, they are alleged to have had deficient financial controls and inaccurately classified revenue. This discrepancy came to light on March 25, 2024, through a filing with the Securities and Exchange Commission, causing a drop in TMC’s stock price.
Investors looking to take a lead role in a class action lawsuit against TMC need to act by the January 7, 2025 deadline. The lead plaintiff represents the class and steers the litigation effort. Others can join the class representation or opt to stay as passive members without affecting potential recovery.
If you have information or wish to know more about the TMC class action, feel free to contact Faruqi & Faruqi directly through their website or by calling Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310). Stay updated with their LinkedIn, X, or Facebook accounts.
Remember, past results do not guarantee future outcomes. While Faruqi & Faruqi are open to discussing your specific situation, all discussions will remain confidential. For the full information, check out the source release at https://www.newsfilecorp.com/release/231065.
This post was created without the involvement of the Markets Insider and Business Insider Editorial Teams.