An investor in NASDAQ:AQMS shares filed a lawsuit against Aqua Metals Inc over alleged violations of Federal Securities Laws.
Investors who purchased shares of Aqua Metals Inc (NASDAQ:AQMS) should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The plaintiff claims that between February 9, 2017 and November 9, 2017, the Defendants failed to disclose that Aqua Metals’ breaking and separating process was facing substantial obstacles due to AquaRefining’s need for a much higher degree of separation than is normal in the industry, that the Company’s breaking and separating process was not operating reliably or efficiently, that the breaking and separating obstacles and issues were negatively impacting the Company’s output, that the Company’s four “operating modules” were being used primarily for experimentation, rather than production, that module operators were assisting with lead removal, that, as a result of the foregoing, the ramp up of the Company’s recycling process was being significantly hindered and delayed, and that, as a result of the foregoing, Defendants’ statements about Aqua Metals’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Shares of Aqua Metals Inc (NASDAQ:AQMS) declined on December 14, 2017 to $1.91 per share.
Those who purchased shares of Aqua Metals Inc (NASDAQ:AQMS) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego