The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of TMC the metals company Inc. (TMC) Investors
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of TMC the metals company Inc. (TMC) Investors
On LOS ANGELES, Nov. 22, 2021 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ: TMC) securities between March 4, 2021 and October 5, 2021, inclusive (the "Class Period"). TMC investors have until December 27, 2021 to file a lead plaintiff motion.
洛杉磯，2021年11月22日/美通社/--弗蘭克·R·克魯茲律師事務所宣佈，已代表購買或以其他方式收購TMC金屬公司(以下簡稱TMC)(納斯達克代碼：TMC)證券的個人和實體提起集體訴訟2021年3月4日 和2021年10月5日，包括(“上課時間”)。TMC的投資者在此之前2021年12月27日提出主要原告動議。
If you are a shareholder who suffered a loss, click here to participate.
如果您是蒙受損失的股東，請單擊此處參與。
In September 2021, DeepGreen Inc. combined with Sustainable Opportunities Acquisition Corporation, a special purpose acquisition company ("SPAC"), and the combined company was renamed TMC.
在……裡面2021年9月，DeepGreen Inc.與特殊目的收購公司(“SPAC”)可持續機遇收購公司(“可持續機會收購公司”)合併，合併後的公司更名為TMC。
On September 13, 2021, Bloomberg revealed that two investors failed to provide $330 million as part of the private investment in public equity ("PIPE") component of the deal for TMC to go public. The article posited that "[e]nvironmentalists claim that TMC's activities will damage sensitive ecosystems and destroy vital biodiversity" and that "[s]ince the SPAC deal was announced in March, more than 500 scientists have signed a letter calling for a moratorium on deep-sea mining until the environmental risks are better understood."
在……上面2021年9月13日，彭博社透露，兩家投資者未能提供3.3億美元作為TMC上市交易的私募股權投資(“PIPE”)部分的一部分。文章認為，“環保主義者聲稱，臺積電的活動將破壞敏感的生態系統，破壞重要的生物多樣性”，“自從3月份宣佈與SPAC的交易以來，已有500多名科學家簽署了一封信，呼籲暫停深海採礦，直到更好地瞭解環境風險。”
On this news, the Company's stock price fell $2.45, or over 20%, over the next two trading days to close at $10.00 per share on September 15, 2021, thereby injuring investors.
聽到這個消息，公司的股票價格下跌了2.45美元，或超過20%，在接下來的兩個交易日收盤於10.00美元上的每股2021年9月15日，從而傷害了投資者。
Then, on October 6, 2021, Bonitas Research published a report alleging, among other things, that TMC had siphoned $43 million to insiders by overpaying for Tonga Offshore Mineral License ("TOML"). The license had previously been owned by Nautilus Minerals Inc., which "valued the TOML exploration license in its historical annual reports at zero."
然後，在2021年10月6日，Bonitas Research發表了一份報告，其中聲稱TMC挪用了4300萬美元向內部人士高價購買湯加近海採礦許可證(“TOML”)。該許可證此前由Nautilus Minerals Inc.擁有，該公司在其歷史年報中對TOML勘探許可證的估值為零。
On this news, the Company's stock price fell $0.32, or 7%, to close at $4.14 per share on October 6, 2021, thereby injuring investors.
聽到這個消息，公司的股票價格下跌了0.32美元，或7%，收於4.14美元上的每股2021年10月6日，從而傷害了投資者。
The complaint filed alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose: (1) the Company had significantly overpaid to acquire TOML to undisclosed insiders; (2) the Company had artificially inflated its Nauru Ocean Resources Inc. ("NORI") exploration expenditures to give investors a false scale of its operations; (3) the Company's purported 100% interest in NORI was questionable given prior disclosures to the International Seabed Authority ("ISA" or the "Authority") that NORI was wholly owned by two Nauruan foundations and that all future income from NORI would be used in Nauru; (4) defendants had significantly downplayed the environmental risks of deep-sea mining polymetallic nodules and failed to adequately warn investors of the regulatory risks faced by the Company's environmentally risky exploitation plans; (5) the Company's PIPE financing was not fully committed and, therefore, the Company would not have the cash necessary for large sale commercial production; (6) as a result of the foregoing, the Company's valuation was significantly less than defendants disclosed to investors; and (7) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
起訴書稱，在整個Class期間，被告做出了虛假和/或誤導性的陳述和/或未能披露：(1)公司為收購TOML向未披露的內部人士支付了過高的價格；(2)公司人為地誇大了其諾魯海洋資源公司(“Nori”)的勘探支出，使投資者獲得了虛假的業務規模；(3)公司聲稱在Nori的100%權益是可疑的，因為事先向國際海底管理局(“ISA”或“管理局”)披露Nori由兩個諾魯基金會全資擁有，未來從Nori獲得的所有收入將用於諾魯(4)被告大幅淡化深海採礦多金屬結核的環境風險，未能就本公司具環境風險的開採計劃所面臨的監管風險向投資者發出充分警告；(5)本公司的管道融資並未全數承擔，因此本公司將沒有足夠現金進行大規模銷售及商業生產；(6)由於上文所述，本公司的估值大幅低於被告向投資者披露的資料；及(7)因此，被告的公開陳述在所有有關時間均屬重大虛假及/或誤導性陳述。
Follow us for updates on Twitter: twitter.com/FRC_LAW.
在Twitter上關注我們的最新消息：twitter.com/frc_law。
If you purchased TMC securities during the Class Period, you may move the Court no later than December 27, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased TMC securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
如果您在上課期間購買了TMC證券，您可以在不遲於2021年12月27日 請求法庭任命你為主要原告。要成為班級成員，此時您不需要採取任何行動；您可以保留您選擇的律師，也可以不採取任何行動而繼續缺席班級成員。如果您購買了TMC證券，有關於這些索賠的資訊或想要了解更多，或者對本公告或您與這些事項有關的權利或利益有任何疑問，請聯繫弗蘭克·R·克魯茲，律師事務所的弗蘭克·R·克魯茲，1999星光大道，1100套房，加利福尼亞州洛杉磯90067，通過電子郵件發送到[受保護的電子郵件]，或訪問我們的網站www.frkruzlaw.com.如果您通過電子郵件諮詢，請包括您的郵寄地址、電話號碼和購買的股票數量。
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
根據適用的法律和道德規則，本新聞稿在某些司法管轄區可能被視為律師廣告。
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
來源：法律事務所弗蘭克·R·克魯茲，洛杉磯
Related Links
相關鏈接
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譯文內容由第三人軟體翻譯。
