Investors filed a class action suit against Danimer Scientific, Inc., a bioplastics company that went public via a business combination with a special purpose acquisition company (SPAC) in 2024. Danimer's primary proprietary product was a plastic substitute called Nodax that the company alleged was … See more In May 2024, the SEC charged investment firm BNY Mellon with making ESG-related material misstatements and omissions. The SEC order … See more Another greenwashing suit in the process of being litigated involves a securities fraud class action suit against Exxon Mobil Corp. In an amended … See more In April 2024, the SEC charged Vale S.A., a publicly traded mining company based in Brazil, with securities fraud. In January 2024, a dam operated by Vale (the Brumadinho dam in … See more As companies are continually pushed to factor ESG considerations into their business operations and investment strategies (whether … See more WebMay 26, 2024 · In addition to the concerns about Danimer's product biodegradability claims, the report found "multiple conflicting sources of Danimer's facility sizes and production capacity" and ...
The greenwashing wave hits securities litigation Reuters
WebMar 26, 2024 · On this news, Danimer’s stock price fell $6.43 per share, or approximately 13%, to close at $43.55 on March 22, 2024. Shares continued to plummet over the next several trading days. WebNov 17, 2024 · Danimer Scientific’s Nodax™ PHA possesses seven TÜV AUSTRIA certifications and statements of industrial and home compostability, is biodegradable in anaerobic conditions, soil, freshwater and ... granbury wound care center
More Securities Fraud Investigation at Danimer Scientific …
WebSep 16, 2024 · Below is a chart showing the trailing twelve month trading history for Danimer Scientific Inc, and highlighting in green where the $15.00 strike is located relative to that history: WebOct 14, 2024 · Shareholder Files Derivative Suit Targeting Company Executives for Greenwashing Thursday, October 14, 2024 Last week, a shareholder of Danimer Scientific, Inc., filed a derivative suit... WebApr 20, 2024 · San Diego, CA -- -- 04/20/2024 -- An investigation was announced concerning potential securities laws violations by Danimer Scientific, Inc. in connection with certain financial statements.Investors who purchased shares of Danimer Scientific, Inc. (), have certain options and should contact the Shareholders Foundation at … china usb web camera