An investigation on behalf of current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/25/2021 -- Certain directors of Piedmont Lithium Inc are under investigation over potential breaches of fiduciary duties.
Investors who are current long term investors in Piedmont Lithium Inc. (NASDAQ: PLL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: PLL stocks follows a lawsuit filed against Piedmont Lithium Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: PLL stocks, concerns whether certain Piedmont Lithium Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits, that Piedmont failed to inform relevant people and governmental authorities of its actual plans, that Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities), that Piedmont and its lithium business does not have "strong local government support", and that as a result, defendants' public statements were materially false and/or misleading at all relevant times.
Those who purchased shares of Piedmont Lithium Inc. (NASDAQ: PLL) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.