NEW YORK, Dec. 20, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Aqua Metals, Inc. ("Aqua Metals" or the "Company") (NASDAQ: AQMS) and certain of its officers, on behalf of shareholders who purchased Aqua Metals securities between February 9, 2017 and November 9, 2017, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: http://www.bgandg.com/aqms.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The complaint alleges that Defendants made false and/or misleading statements and failed to disclose that: (1) Aqua Metals' lead recycling process using its AquaRefining technology to break and separate batteries was facing substantial obstacles due to AquaRefining's need for a much higher degree of separation than is normal in the industry; (2) Aqua Metals' breaking and separating process was not operating reliably or efficiently; (3) the breaking and separating issues were negatively impacting Aqua Metals' output; (4) Aqua Metals' four "operating modules" were being used primarily for experimentation rather than production; (5) module operators were assisting with lead removal; (6) consequently, the ramp up of Aqua Metals' recycling process was being significantly hindered and delayed; and (7) as a result, defendants' statements about Aqua Metals' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: http://www.bgandg.com/aqms or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Aqua Metals you have until February 13, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | email@example.com
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