SHAREHOLDER ACTION ALERT: Law firm Schall reminds investors of class action lawsuit against Stable Road Acquisition Corp. and encourages investors with losses greater than $ 100,000 to contact the firm
LOS ANGELES–(COMMERCIAL THREAD) – Law firm Schall, a national shareholder rights litigation firm, reminds investors of class action lawsuit against Stable Road Acquisition Corp. (“Stable Road” or “the Company”) (NASDAQ: SRAC) for violations of §§10 (b) and 20 (a) of the Securities Exchange Act of 1934 and of rule 10b-5 enacted under that here by the United States Securities and Exchange Commission.
Investors who purchased the Company’s securities between October 7, 2020 and July 13, 2021 inclusive (the “Recourse Period”), are encouraged to contact the Company before September 13, 2021.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com or by email at [email protected]
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by legal counsel. If you choose to do nothing, you can remain an absent member of the group. Stable Road’s merger goal Momentus held a test of its key technology in 2019 that fell short of its criteria for success. The United States government viewed Momentus CEO Mikhail Kokorich as a threat to national security, jeopardizing the company’s potential business success. Based on these facts, the Company’s public statements were false and misleading throughout the Class Period. When the market learned the truth about Stable Road, investors suffered damage.
According to the complaint, the company made false and misleading statements to the market.
Join the case to recoup your losses.
Schall law firm represents investors around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered an attorney’s advertisement in certain jurisdictions under applicable law and rules of professional conduct.