U.S. Markets open in 4 hrs 12 mins
  • S&P Futures

    3,783.50
    -6.00 (-0.16%)
     
  • Dow Futures

    30,710.00
    -71.00 (-0.23%)
     
  • Nasdaq Futures

    11,513.75
    -15.75 (-0.14%)
     
  • Russell 2000 Futures

    1,702.90
    -5.10 (-0.30%)
     
  • Crude Oil

    107.74
    +1.98 (+1.87%)
     
  • Gold

    1,795.30
    -12.00 (-0.66%)
     
  • Silver

    19.76
    -0.59 (-2.91%)
     
  • EUR/USD

    1.0458
    -0.0025 (-0.2405%)
     
  • 10-Yr Bond

    2.9720
    0.0000 (0.00%)
     
  • Vix

    28.84
    +0.68 (+2.41%)
     
  • GBP/USD

    1.2095
    -0.0080 (-0.6556%)
     
  • USD/JPY

    135.4420
    -0.2860 (-0.2107%)
     
  • BTC-USD

    19,491.11
    +381.82 (+2.00%)
     
  • CMC Crypto 200

    419.54
    -11.93 (-2.77%)
     
  • FTSE 100

    7,177.46
    +8.18 (+0.11%)
     
  • Nikkei 225

    25,935.62
    -457.42 (-1.73%)
     

PURECYCLE ALERT: Bragar Eagel & Squire, P.C. Is Investigating PureCycle Technologies, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

NEW YORK, November 29, 2021--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against PureCycle Technologies, Inc. (NASDAQ: PCT) on behalf of long-term stockholders following a class action complaint that was filed against PureCycle on May 11, 2021. Our investigation concerns whether the board of directors of PureCycle have breached their fiduciary duties to the company.

The complaint alleges that throughout the class period defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the technology PureCycle licensed from Procter & Gamble is not proven and presents serious issues even at lab scale; (ii) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology are significant; (iii) PureCycle’s financial projections are baseless; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

If you are a long-term stockholder of PureCycle, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra B. Raymond by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211129005170/en/

Contacts

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com