NEW YORK, Feb. 18, 2022 /PRNewswire/ -- Jakubowitz Law
announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Standard Lithium Ltd. (NYSE:
SLI).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/standard-lithium-ltd-loss-submission-form/?id=23813&from=4
The lawsuit seeks to recover losses for shareholders who
purchased Standard Lithium between May 19,
2020 and November 17, 2021.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
March 28, 2022 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to a filed complaint, Standard Lithium Ltd. issued
materially false and/or misleading statements and/or failed to
disclose that: (i) the LiSTR Direct Lithium Extraction technology's
extraction recovery efficiencies were overstated; (ii) accordingly,
the Company's final product lithium recovery percentage at the
Demonstration Plant would not be as high as the Company had
represented to investors; and (iii) as a result, the Company's
public statements were materially false and misleading at all
relevant times.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contact:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law