NEW YORK, 25 November 2021 / PRNewswire / – Pomerantz LLP is investigating claims on behalf of investors in Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (NYSE: SLI). These investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation aims to determine whether Standard Lithium and any of its officers and / or directors have engaged in securities fraud or other illegal business practices.
At November 18, 2021, Blue Orca Capital (“Blue Orca”) released a brief report alleging that Standard Lithium’s claims to achieve 90% extraction rates of battery grade lithium at its Arkansas demo site is not supported by previously undisclosed data filed by the Company with the state regulator, which indicated significantly lower recovery rates. Following the publication of the Blue Orca report, the Standard Lithium share price fell $ 1.86 per share, or 18.84%, to close at $ 8.01 per share on November 18, 2021.
The Pomerantz firm, with offices in new York, Chicago, Los Angeles, and Paris is recognized as one of the leading firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz was a pioneer in the field of class actions in securities. Today, more than 80 years later, Pomerantz continues the tradition it established, fighting for the rights of victims of securities fraud, breach of fiduciary duty and professional misconduct. The firm has recovered numerous multi-million dollar damages on behalf of the members of the group. See www.pomerantzlaw.com
Robert S. Willoughby
888-476-6529 ext 7980
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-standard-lithium-ltd—sli-301432239.html
SOURCE Pomerantz LLP