Lead AMMO, Inc. Securities Fraud Lawsuit: Opportunity for POWW Investors | Placera
Investors who have faced significant losses now have the chance to take the lead in a securities fraud class action lawsuit against AMMO, Inc. This opportunity is being announced by Glancy Prongay & Murray LLP (“GPM”), a law firm based in Los Angeles.
If you suffered losses during the Class Period, which ran from August 19, 2020 to September 24, 2024, you could potentially serve as the lead plaintiff in this lawsuit. To learn more about this opportunity and to submit your contact information, you can visit www.glancylaw.com/cases/AMMO-Inc/ or reach out to Charles H. Linehan at GPM via phone at 310-201-9150 or Toll-Free at 888-773-9224, or through email at shareholders@glancylaw.com.
The complaint that has been filed alleges that throughout the Class Period, the Defendants failed to disclose crucial information to investors. This includes issues such as inadequate internal controls over financial reporting, potential discrepancies in disclosing executive officers and related party transactions, and inaccuracies in characterizing fees paid for investor relations and legal services. As a result of these undisclosed issues, the positive statements made by Defendants about the Company’s business and prospects were found to be misleading.
For further updates on this case, you can follow along on LinkedIn, Twitter, or Facebook.
If you are a member of the class action, you do not need to take immediate action. You can choose to retain your own legal counsel or remain an absent member of the class action. For more information or if you have any questions regarding this lawsuit, you can contact Charles Linehan, Esquire, at GPM. You can reach him at 310-201-9150, Toll-Free at 888-773-9224, via email at shareholders@glancylaw.com, or visit their website at www.glancylaw.com.
It’s important to note that this press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
