Rosen, a Leading Law Firm, Encourages Zymergen Inc. Investors with Losses Over $ 100,000 to Obtain a Lawyer Before Important Deadline in Securities Class Action
New York, New York – (Newsfile Corp. – August 24, 2021) – WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of securities of Zymergen Inc. (NASDAQ: ZY) in accordance with and / or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Zymergen’s initial public offering in April 2021 (the “Initial Public Offering”), the material Principal applicant deadline of October 4, 2021.
SO WHAT: If you have purchased Zymergen securities in accordance with and / or traceable to the registration statement, you may be entitled to compensation without payment of any fees or additional charges through a contingency fee agreement.
WHAT TO DO NEXT: To join the Zymergen class action lawsuit, go to http://www.rosenlegal.com/cases-register-2141.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you want to serve as the principal applicant, you must move the court no later than October 4, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing opinions do not have significant experience, resources or recognition by their peers. Be wise in choosing the right lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the registration statement contained false and / or misleading statements and / or failed to disclose that: (1) during the qualification process for Hyaline, key customers encountered technical issues, including product reduction and incompatibility with customer processes; (2) although the qualification process was essential to gain market acceptance for Hyaline and generate revenue, Zymergen lacked visibility into the qualification process; (3) as a result, Zymergen overestimated the demand for its products; (4) due to the foregoing, the delivery schedule of Zymergen’s products was reasonably likely to be delayed, which in turn would delay revenue generation; and (5) as a result of the foregoing, the defendants’ positive statements about Zymergen’s business, operations and prospects were substantially misleading and / or lacked reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join the Zymergen class action lawsuit, go to http://www.rosenlegal.com/cases-register-2141.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future payback does not depend on whether he is a principal applicant.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94304