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Donnerstag, 17.03.2022 12:00 von | Aufrufe: 96

SLI Investors Have Opportunity to Lead Standard Lithium Ltd. Securities Fraud Lawsuit

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PR Newswire

LOS ANGELES, March 17, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Standard Lithium Ltd. ("Standard Lithium" or the "Company") (NYSE: SLI).

Class Period: May 19, 2020November 17, 2021
Lead Plaintiff Deadline: March 28, 2022

If you wish to serve as lead plaintiff of the Standard Lithium lawsuit, you can submit your contact information at www.glancylaw.com/cases/standard-lithium-ltd/.  You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the LiSTR technology's extraction recovery efficiencies were overstated; (2) accordingly, the Company's final product lithium recovery percentage at the Demonstration Plant would not be as high as the Company had represented to investors; and (3) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

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To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.  If you inquire by email please include your mailing address, telephone number and number of shares purchased.


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This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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SOURCE Glancy Prongay & Murray LLP

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