Cohen Milstein Urges Shareholders Who Lost Significant Money In TMC The Metals Company Inc. to Contact Firm
A class action securities lawsuit has been filed against TMC The Metals Company (Nasdaq: TMC) in the U.S. District Court for the Central District of California. The lawsuit alleges that TMC and certain officers made false and misleading statements to investors in financial statements and regarding internal controls between May 12, 2023 and March 25, 2024. Shareholders who suffered significant losses during this period have until January 7, 2025 to request appointment as lead plaintiff. Cohen Milstein Sellers & Toll PLLC, a prominent securities litigation firm, is handling the case.
È stata intentata una causa collettiva per valori mobiliari contro TMC The Metals Company (Nasdaq: TMC) presso il Tribunale Distrettuale degli Stati Uniti per il Distretto Centrale della California. La causa sostiene che TMC e alcuni dirigenti hanno fatto dichiarazioni false e fuorvianti agli investitori nei bilanci e riguardo ai controlli interni tra il 12 maggio 2023 e il 25 marzo 2024. Gli azionisti che hanno subito perdite significative durante questo periodo hanno tempo fino al 7 gennaio 2025 per richiedere la nomina a attore principale. Il caso è gestito dallo studio legale Cohen Milstein Sellers & Toll PLLC, una rinomata società di contenzioso in materia di valori mobiliari.
Se ha presentado una demanda colectiva por valores mobiliarios contra TMC The Metals Company (Nasdaq: TMC) en el Tribunal de Distrito de EE. UU. para el Distrito Central de California. La demanda alega que TMC y ciertos funcionarios realizaron declaraciones falsas y engañosas a los inversores en los estados financieros y sobre los controles internos entre el 12 de mayo de 2023 y el 25 de marzo de 2024. Los accionistas que sufrieron pérdidas significativas durante este período tienen hasta el 7 de enero de 2025 para solicitar ser nombrados como demandantes principales. El caso está siendo manejado por Cohen Milstein Sellers & Toll PLLC, una destacada firma de litigios de valores mobiliarios.
미국 캘리포니아 중앙지방법원에 TMC The Metals Company (Nasdaq: TMC)에 대한 증권 집단 소송이 제기되었습니다. 이 소송은 TMC와 일부 임원들이 2023년 5월 12일부터 2024년 3월 25일 사이에 투자자들에게 재무제표와 내부 통제에 대해 허위 및 오해의 소지가 있는 진술을 했다고 주장합니다. 이 기간 동안 상당한 손실을 입은 주주들은 2025년 1월 7일까지 원고로 지명해 줄 것을 요청할 수 있습니다. 이 사건은 저명한 증권 소송 전문 법률 사무소인 Cohen Milstein Sellers & Toll PLLC에서 처리하고 있습니다.
Une action collective en justice concernant des valeurs mobilières a été déposée contre TMC The Metals Company (Nasdaq: TMC) devant le tribunal de district des États-Unis pour le district central de Californie. La plainte allègue que TMC et certains dirigeants ont fait des déclarations fausses et trompeuses aux investisseurs dans des états financiers et concernant le contrôle interne entre le 12 mai 2023 et le 25 mars 2024. Les actionnaires ayant subi des pertes importantes durant cette période ont jusqu'au 7 janvier 2025 pour demander à être nommés en tant que demandeur principal. L'affaire est prise en charge par le cabinet d'avocats Cohen Milstein Sellers & Toll PLLC, un cabinet de renom spécialisé dans les litiges en valeurs mobilières.
Eine Sammelklage wegen Wertpapieren wurde gegen TMC The Metals Company (Nasdaq: TMC) beim US-Bezirksgericht für den Zentralen Bezirk Kalifornien eingereicht. Die Klage behauptet, dass TMC und bestimmte Führungskräfte falsche und irreführende Aussagen gegenüber den Investoren in Finanzberichten und bezüglich interner Kontrollen zwischen dem 12. Mai 2023 und dem 25. März 2024 gemacht haben. Aktionäre, die in diesem Zeitraum erhebliche Verluste erlitten haben, haben bis zum 7. Januar 2025 Zeit, um die Ernennung als Lead-Kläger zu beantragen. Der Fall wird von der renommierten Rechtsanwaltskanzlei Cohen Milstein Sellers & Toll PLLC bearbeitet, die auf Wertpapierrecht spezialisiert ist.
- None.
- Company faces class action lawsuit for alleged false and misleading statements
- Allegations of violations of Securities Exchange Act Sections 10(b) and 20(a)
- Potential financial impact from securities fraud litigation
- Questions raised about internal controls over financial reporting
Insights
This class action lawsuit against TMC represents a significant legal challenge that could impact shareholder value. The allegations of false and misleading statements regarding financial reporting and internal controls are particularly serious, covering a substantial period from May 2023 to March 2024. The involvement of Cohen Milstein, a prominent securities litigation firm with a track record of securing major settlements (including a
The January 7, 2025 deadline for lead plaintiff designation provides a clear timeline for potential legal proceedings. The lawsuit's focus on violations of Sections 10(b) and 20(a) of the Securities Exchange Act suggests potential material misrepresentations that could result in substantial damages if proven. For current shareholders, this legal action could lead to significant corporate governance changes and potential financial settlements that would impact TMC's already modest
WASHINGTON, DC / ACCESSWIRE / November 19, 2024 / Investors who lost money on securities of TMC the metals company Inc. ("TMC" or the "Company") (Nasdaq:TMC) purchased between May 12, 2023 and March 25, 2024 can contact Cohen Milstein Sellers & Toll PLLC to learn about a new class action securities lawsuit.
To learn about your legal options, click here to hear from member of the Cohen Milstein team or contact Partner Molly J. Bowen at (202) 408-4600 or mbowen@cohenmilstein.com.
CASE BACKGROUND: TMC is a deep-sea mineral exploration company. A complaint filed on November 8, 2024 in the U.S. District Court for the Central District of California alleges that the Company and certain current officers and directors made false and misleading statements to investors in financial statements and regarding internal controls over financial reporting in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
NEXT STEPS: If you suffered a significant loss in TMC shares purchased during the proposed class period of May 12, 2023 and March 25, 2024, and are interested in serving as lead plaintiff in this action, you have until January 7, 2025 to request that the court appoint you as lead plaintiff. You are not required to file a lead plaintiff motion to share in any recovery in this action as a class member.
OUR FIRM: With more than 100 attorneys in eight offices, Cohen Milstein is one of the largest plaintiff-side law firms in the U.S., with more than four decades of experience litigating securities fraud cases. We have recovered billions of dollars to investors, including
Prior results do not guarantee a similar outcome. This may be considered Attorney Advertising.
CONTACT INFORMATION:
Molly Bowen, Esq.
Licensed in DC, Florida, and Ohio
Cohen Milstein Sellers & Toll PLLC
1100 New York Avenue, N.W., Fifth Floor
Washington, D.C. 20005
Telephone: (888) 240-0775 or (202) 408-4600
Email: mbowen@cohenmilstein.com
Website: www.cohenmilstein.com
SOURCE: Cohen Milstein Sellers & Toll PLLC
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FAQ
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