Zymergen Inc. sued for securities fraud;


BOSTON, Aug. 06, 2021 (GLOBE NEWSWIRE) – Block & Leviton announces that a class action lawsuit has been filed against Zymergen, Inc. (NASDAQ: ZY) for violating securities laws. Investors who bought stocks between April 20, 2021 and August 4, 2021 and lost money should contact the firm to learn more about how they might recoup those losses. For more details, visit https://www.blockleviton.com/cases/zymergen.

What is all this?

Zymergen went public about four months ago and on August 3, 2021, after the market closed, admitted that sales of its only product, Hyaline, were struggling, that a major focus for future business was emerging. not and that its CEO is stepping down. Zymergen’s stock price plunged 70% in after-hours trading that day.

Who is eligible?

Anyone who purchased Zymergen between April 20, 2021 and August 4, 2021 is eligible whether or not they have sold their investment. Investors should contact Block & Leviton to find out more.

What should you do next?

The deadline to apply for an appointment as a lead applicant is October 4, 2021. A group has not yet been certified, and until certification occurs, you are not represented by legal counsel. If you choose to do nothing, you can remain an absent member of the group.

If you have lost money on your investment, you should contact Block & Leviton to find out more through our case website, by email to [email protected], or by phone at (617) 398-5600.

Why contact Block & Leviton?

Many law firms have published press releases on this subject; most of these companies do not actually litigate class actions in securities. Block & Leviton is a law firm that actually litigates cases. We are committed to securing large collections on behalf of defrauded investors through active litigation in federal courts across the country. Many of the country’s leading institutional investors hire us to represent their interests. You can know more about us on our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with all questions.

This notice may constitute a lawyer advertisement.

CONTACT:
BLOC & LEVITON LLP
260 Franklin Street, Suite 1860
Boston, MA 02110
Telephone: (617) 398-5600
E-mail: [email protected]

SOURCE: Block & Leviton LLP
www.blockleviton.com


Source link

Previous A multi-billion dollar software market growing at double-digit rates no one knows about
Next Hezbollah fires rockets at Israel as risk of escalation looms